Aerospace Industrial Development (TPE:2634) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2024)

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What is Aerospace Industrial Development 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. Aerospace Industrial Development's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.16.

Aerospace Industrial Development's long-term debt to total assets ratio increased from Dec. 2023 (0.11) to Dec. 2024 (0.16). It may suggest that Aerospace Industrial Development is progressively becoming more dependent on debt to grow their business.

Aerospace Industrial Development LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aerospace Industrial Development'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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Aerospace Industrial Development LT-Debt-to-Total-Asset Chart

Aerospace Industrial Development Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.18

0.23

0.11

0.16

Aerospace Industrial Development 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															0.11	0.11	0.10	0.10	0.16

Aerospace Industrial Development LT-Debt-to-Total-Asset Calculation

Aerospace Industrial Development'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 )
	=	7836.446	/	49377.734
	=	0.16

Aerospace Industrial Development'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 )
	=	7836.446	/	49377.734
	=	0.16

Aerospace Industrial Development (TPE:2634) 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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Aerospace Industrial Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Aerospace Industrial Development Corp (TPE:2634) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No.1, Hanxiang Road, Xitun District, Taichung, TWN, 407803

Website

https://www.aidc.com.tw

Aerospace Industrial Development Corp is involved in the manufacturing and development of aerospace and defense products. The company's main business categories are as follows: design, manufacture, assembly, testing and maintenance of aircraft, engines, avionics and related components; consulting services and technology transfers of aerospace technology, logistical support and engineering technology management of large-scale projects; engineering and development of software and sales of aerospace products.

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