Phihong Technology Co (TPE:2457) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

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What is Phihong Technology 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. Phihong Technology Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

Phihong Technology Co's long-term debt to total assets ratio increased from Dec. 2023 (0.06) to Dec. 2024 (0.06). It may suggest that Phihong Technology Co is progressively becoming more dependent on debt to grow their business.

Phihong Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Phihong Technology 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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Phihong Technology Co LT-Debt-to-Total-Asset Chart

Phihong Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.11

0.14

0.06

Phihong Technology 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															0.06	0.06	0.06	0.06	0.06

Phihong Technology Co LT-Debt-to-Total-Asset Calculation

Phihong Technology 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 )
	=	931.564	/	15003.15
	=	0.06

Phihong Technology 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 )
	=	931.564	/	15003.15
	=	0.06

Phihong Technology Co (TPE:2457) 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.

Phihong Technology Co LT-Debt-to-Total-Asset Related Terms

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Phihong Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Phihong Technology Co Ltd (TPE:2457) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 568, Fuxing 3rd Road, Gueishan District, Taoyuan, TWN, 333611

Website

https://www.phihong.com.tw

Phihong Technology Co Ltd predominantly manufactures and sells alternating current (AC)/direct current (DC) power adapters, charger bases, power supply modules, UPS (uninterruptible power supply) for computers, and ballasts. Its products also include multi-industry areas such as households, POS machines, small household appliances, household-level medical equipment, e-bike electric bicycles, construction, industry, and electric vehicles. Its operating segments include Power supply products, which derive key revenue, and EV energy products. Geographically, the company generates a majority of its revenue from the Americas followed by Asia, Europe, and other regions.

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