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Microtek International (TPE:2305) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)


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What is Microtek International 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. Microtek International's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

Microtek International's long-term debt to total assets ratio declined from Dec. 2023 (0.07) to Dec. 2024 (0.07). It may suggest that Microtek International is progressively becoming less dependent on debt to grow their business.


Microtek International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Microtek International'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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Microtek International LT-Debt-to-Total-Asset Chart

Microtek International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.08 0.08 0.07 0.07

Microtek International 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 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 0.07 0.07 0.07 0.07 0.07

Microtek International LT-Debt-to-Total-Asset Calculation

Microtek International'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 )
=192.849/2961.524
=0.07

Microtek International'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 )
=192.849/2961.524
=0.07

* 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.


Microtek International  (TPE:2305) 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.


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Microtek International Business Description

Traded in Other Exchanges
N/A
Address
No.6 Industry East Road 3, Science-Based Industrial Park, Hsinchu, TWN, 300091
Microtek International Inc is a Taiwan based company offering scanning solutions. The company is engaged in the manufacturing and marketing of digital image scanners and related computer peripheral products. It offers scanners for medical, document, professional image, office, home, and industrial application. Its product portfolio includes ArtixScan series, FileScan series, ScanMaker series, XT series, Bio series, ObjectScan series, and medical series, among others.

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