Ambassador Hotel (TPE:2704) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2024)

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What is Ambassador Hotel 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. Ambassador Hotel's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.10.

Ambassador Hotel's long-term debt to total assets ratio declined from Dec. 2023 (0.14) to Dec. 2024 (0.10). It may suggest that Ambassador Hotel is progressively becoming less dependent on debt to grow their business.

Ambassador Hotel LT-Debt-to-Total-Asset Historical Data

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

Ambassador Hotel Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

0.06

0.20

0.14

0.10

Ambassador Hotel 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															0.14	0.08	0.08	0.09	0.10

Ambassador Hotel LT-Debt-to-Total-Asset Calculation

Ambassador Hotel'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 )
	=	3355.42	/	34340.316
	=	0.10

Ambassador Hotel'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 )
	=	3355.42	/	34340.316
	=	0.10

Ambassador Hotel (TPE:2704) 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.

Ambassador Hotel LT-Debt-to-Total-Asset Related Terms

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Ambassador Hotel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ambassador Hotel Ltd (TPE:2704) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongshan North Road, No. 9, Lane 65, Section 2, Zhongshan District, Taipei, TWN, 104204

Website

https://www.ambassador-hotels.com

Ambassador Hotel Ltd operates in the lodging industry and engages in the operation and management of international hotels and within it restaurants, cafes, lounge bars, and clubs. The company operates in three segments based on the food service and accommodations in that area: Taipei, Hsinchu, and Kaohsiung. The majority of its revenue comes from Food and beverage sales, followed by Room revenue.

Ambassador Hotel Headlines

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