Eastern Media International (TPE:2614) LT-Debt-to-Total-Asset : 0.50 (As of Sep. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Eastern Media 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. Eastern Media International's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.50.

Eastern Media International's long-term debt to total assets ratio declined from Sep. 2023 (0.52) to Sep. 2024 (0.50). It may suggest that Eastern Media International is progressively becoming less dependent on debt to grow their business.

Eastern Media International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Eastern Media 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.

* Premium members only.

Eastern Media International LT-Debt-to-Total-Asset Chart

Eastern Media International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.42

0.36

0.50

0.56

Eastern Media International Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.52	0.56	0.57	0.57	0.50

Eastern Media International LT-Debt-to-Total-Asset Calculation

Eastern Media International'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 )
	=	9891.936	/	17567.832
	=	0.56

Eastern Media International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	9401.879	/	18655.72
	=	0.50

Eastern Media International (TPE:2614) 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.

Eastern Media International LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Eastern Media International's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Eastern Media International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Eastern Media International Corp (TPE:2614) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuxing South Road, 5th Floor, 8th Floor., No. 368, Section 1, Da\'an District, Taipei, TWN, 106

Website

https://www.emic.com.tw

Eastern Media International Corp is mainly based on business diversification. In addition to land development, grain trading, and consumer product development and sales, the company has diversified into new businesses such as cross-strait trade platforms and multimedia shopping through its investment in subsidiaries. It engages in forwarding, loading, and unloading cargo onto/from ships, handling and operating wharf and transit shed facilities, selling pet food and supplies, providing pet beauty service, video advertising services, and the production of related shows.

Eastern Media International Headlines

No Headlines