Aurora (TPE:2373) LT-Debt-to-Total-Asset : 0.19 (As of Jun. 2024)

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What is Aurora 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. Aurora's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.19.

Aurora's long-term debt to total assets ratio increased from Jun. 2023 (0.18) to Jun. 2024 (0.19). It may suggest that Aurora is progressively becoming more dependent on debt to grow their business.

Aurora LT-Debt-to-Total-Asset Historical Data

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

Aurora Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.09

0.08

0.16

0.21

Aurora Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.21	0.21	0.21	0.19

Aurora LT-Debt-to-Total-Asset Calculation

Aurora's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	3827.978	/	17939.515
	=	0.21

Aurora's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	3579.721	/	18740.918
	=	0.19

Aurora (TPE:2373) 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.

Aurora LT-Debt-to-Total-Asset Related Terms

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Aurora Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Aurora Corp (TPE:2373) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Xinyi Road, 15th Floor, No. 2, Section 5, Taipei, TWN

Website

https://www.aurora.com.tw

Aurora Corp is engaged in the sale of office automation equipment, office furniture, communication products, 3D printers, office cloud solutions, and electronics. The company primarily operates in Chinese-speaking markets, including mainland China, Taiwan, and elsewhere. Aurora has five business units in Taiwan: Aurora Office Equipment, Aurora System, Aurora Office Automation, Aurora Furniture, and Aurora Telecom. In mainland China, the company sells its own brand of office equipment, office furniture, and electronic goods. Aurora has established major centers in Aurora Jiading Park for design, engineering technology, quality inspection, office environment display center, logistics, and education.

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