Sanyang Motor Co (TPE:2206) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2024)

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What is Sanyang Motor Co LT-Debt-to-Total-Asset?

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. Sanyang Motor Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.21.

Sanyang Motor Co's long-term debt to total assets ratio declined from Dec. 2023 (0.22) to Dec. 2024 (0.21). It may suggest that Sanyang Motor Co is progressively becoming less dependent on debt to grow their business.

Sanyang Motor Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sanyang Motor Co'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.

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Sanyang Motor Co LT-Debt-to-Total-Asset Chart

Sanyang Motor Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.14

0.21

0.23

0.22

0.21

Sanyang Motor Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.22	0.20	0.18	0.19	0.21

Sanyang Motor Co LT-Debt-to-Total-Asset Calculation

Sanyang Motor Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	14036.608	/	68257.149
	=	0.21

Sanyang Motor Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	14036.608	/	68257.149
	=	0.21

Sanyang Motor Co (TPE:2206) 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.

Sanyang Motor Co LT-Debt-to-Total-Asset Related Terms

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Sanyang Motor Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sanyang Motor Co Ltd (TPE:2206) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 3, Chung Hua Road, Hukou Township, Hsinchu, TWN, 303

Website

https://www.sanyang.com.tw

Sanyang Motor Co Ltd is an automobile manufacturer domiciled in Taiwan. The company organises itself into two segments, the Domestic segment, and the Oversea segment engaged in manufacturing and selling automobile, scooter, and their parts, and providing related technical service and consulting services. It derives the majority of its revenue from the Domestic segment. Its geographical operations are spread across Taiwan, China, Asia, Europe, America, and Others.

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