Nankang Rubber Tire (TPE:2101) LT-Debt-to-Total-Asset: 0.26 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2101 Nankang Rubber Tire Corp Ltd TPE:2101
63 GF Score
Price NT$34.20
GF Value NT$44.74
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Nankang Rubber Tire LT-Debt-to-Total-Asset?

Nankang Rubber Tire TPE:2101 -1.01% 63 LT-Debt-to-Total-Asset is 0.26 as of Dec. 2025. GuruFocus rates TPE:2101 with a GF Score™ of 63/100 and a GF Value™ of NT$44.74 (Modestly Undervalued). The stock has 9 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Nankang Rubber Tire's long-term debt to total assests ratio for the quarter that ended in Dec. 2025 was 0.26.

Nankang Rubber Tire's long-term debt to total assets ratio declined from Dec. 2024 (0.29) to Dec. 2025 (0.26). It may suggest that Nankang Rubber Tire is progressively becoming less dependent on debt to grow their business.

Nankang Rubber Tire  (TPE:2101) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Nankang Rubber Tire LT-Debt-to-Total-Asset Related Terms

Nankang Rubber Tire LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Nankang Rubber Tire's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nankang Rubber Tire LT-Debt-to-Total-Asset Chart

Nankang Rubber Tire Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.26 0.29 0.29 0.26

Nankang Rubber Tire Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.00 0.00 0.00 0.26
TPE:2101
63GF Score
Nankang Rubber Tire Corp Ltd TPE:2101
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nankang Rubber Tire LT-Debt-to-Total-Asset Calculation

Nankang Rubber Tire's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=13866.156/54280.247
=0.26

Nankang Rubber Tire's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (Q: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2025 )/Total Assets (Q: Dec. 2025 )
=13866.156/54280.247
=0.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.26 mean?
Nankang Rubber Tire (TPE:2101) has a LT-Debt-to-Total-Asset of 0.26 as of Dec. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Nankang Rubber Tire and its competitors.
Is Nankang Rubber Tire's LT-Debt-to-Total-Asset too high?
Nankang Rubber Tire's current LT-Debt-to-Total-Asset is 0.26. Overall, Nankang Rubber Tire has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nankang Rubber Tire's LT-Debt-to-Total-Asset compare to ORLY and AZO?
Nankang Rubber Tire's LT-Debt-to-Total-Asset of 0.26 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Vehicles & Parts company?
A good LT-Debt-to-Total-Asset depends on the Vehicles & Parts industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Nankang Rubber Tire and its competitors. Nankang Rubber Tire's current LT-Debt-to-Total-Asset is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankang Rubber Tire stock overvalued right now?
Based on GuruFocus' analysis, Nankang Rubber Tire (TPE:2101) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$44.74, compared to a current price of NT$34.20 — trading 23.6% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.26. Nankang Rubber Tire's overall GF Score™ is 63/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Nankang Rubber Tire (TPE:2101), the current LT-Debt-to-Total-Asset is 0.26 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nankang Rubber Tire (TPE:2101) Overvalued in 2026?

Based on GuruFocus' analysis, Nankang Rubber Tire stock appears to be undervalued. The current stock price of NT$34.20 is trading 23.6% below its estimated GF Value™ of NT$44.74. GuruFocus considers Nankang Rubber Tire to be Modestly Undervalued.

Key valuation signals for TPE:2101:

  • LT-Debt-to-Total-Asset: 0.26
  • GF Value™: NT$44.74 vs. price of NT$34.20 (23.6% below fair value)
  • GF Score™: 63/100 with 9 warning signs

No single metric tells the full story. See the TPE:2101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nankang Rubber Tire Business Description

Address Jen Ai Road, Suite 608, Floor 6, Number. 136, Sec. 3, Taipei, TWN
Nankang Rubber Tire Corp Ltd manufactures and sells tires and rubber supplies. The products offered by the company include Motorsport, sedan series, suv & 4x4, snow series, all-season tire series, light truck series, truck/trailer series, and two-wheel series. The reportable segments of the company are: Tire - Taiwan, Tire - China, Construction Department, and others. The segments of the company include: Tire-Taiwan, Tire-China, Construction, Department and Other. It derives maximum revenue from Tire-Taiwan segment. Its geographical segments are Taiwan, the United States, Europe, Other regions in Asia, and Others. The company derives maximum revenue from Europe.
63GF Score

Get the complete analysis for TPE:2101

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$34.20
Price
NT$44.74
GF Value