World Fitness Services (TPE:2762) LT-Debt-to-Total-Asset : 0.46 (As of Dec. 2024)

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What is World Fitness Services 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. World Fitness Services's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.46.

World Fitness Services's long-term debt to total assets ratio declined from Dec. 2023 (0.50) to Dec. 2024 (0.46). It may suggest that World Fitness Services is progressively becoming less dependent on debt to grow their business.

World Fitness Services LT-Debt-to-Total-Asset Historical Data

The historical data trend for World Fitness Services'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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World Fitness Services LT-Debt-to-Total-Asset Chart

World Fitness Services Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.46

0.48

0.49

0.50

0.46

World Fitness Services Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.50	0.47	0.48	0.48	0.46

World Fitness Services LT-Debt-to-Total-Asset Calculation

World Fitness Services'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 )
	=	8057.121	/	17352.881
	=	0.46

World Fitness Services'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 )
	=	8057.121	/	17352.881
	=	0.46

World Fitness Services (TPE:2762) 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.

World Fitness Services LT-Debt-to-Total-Asset Related Terms

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World Fitness Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » World Fitness Services Ltd (TPE:2762) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

36th Floor, No. 402, Shizheng Road, Xitun District, Taichung, TWN

Website

https://www.worldgymtaiwan.com

World Fitness Services Ltd is a company whose main business projects are the provision of professional fitness consulting and fitness sports venues. Revenue comes from the sales of fitness consumables.

World Fitness Services Headlines

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