Chainqui Construction Development Co (TPE:2509) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2024)

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What is Chainqui Construction Development 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. Chainqui Construction Development Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.10.

Chainqui Construction Development Co's long-term debt to total assets ratio declined from Dec. 2023 (0.12) to Dec. 2024 (0.10). It may suggest that Chainqui Construction Development Co is progressively becoming less dependent on debt to grow their business.

Chainqui Construction Development Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Chainqui Construction Development 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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Chainqui Construction Development Co LT-Debt-to-Total-Asset Chart

Chainqui Construction Development 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

0.12

0.10

Chainqui Construction Development 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															0.12	0.12	0.11	0.10	0.10

Chainqui Construction Development Co LT-Debt-to-Total-Asset Calculation

Chainqui Construction Development 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 )
	=	1215.278	/	11643.078
	=	0.10

Chainqui Construction Development 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 )
	=	1215.278	/	11643.078
	=	0.10

Chainqui Construction Development Co (TPE:2509) 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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Chainqui Construction Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Chainqui Construction Development Co Ltd (TPE:2509) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Jixian Road, No. 201-1, 1st Floor, Sanchong District, New Taipei City, TWN, 241

Website

http://www.gtg.com.tw

Chainqui Construction Development Co Ltd is engaged in the construction, leasing, and sale of residential and commercial buildings. It operates in two segments: Real Estate Transaction Group, which generates key revenue and includes commissioning contractors to construct commercial and residential buildings for leasing and sales; and Construction Group, which is engaged in the business of construction and civil engineering. Its geographical segments are the United States and Taiwan, of which the United States accounts for the majority of its revenue.

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