Taichung Commercial Bank Co (TPE:2812) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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What is Taichung Commercial Bank 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. Taichung Commercial Bank Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

Taichung Commercial Bank Co's long-term debt to total assets ratio declined from Dec. 2023 (0.02) to Dec. 2024 (0.02). It may suggest that Taichung Commercial Bank Co is progressively becoming less dependent on debt to grow their business.

Taichung Commercial Bank Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Taichung Commercial Bank 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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Taichung Commercial Bank Co LT-Debt-to-Total-Asset Chart

Taichung Commercial Bank Co Annual Data

Trend

Dec15

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Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

Taichung Commercial Bank 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															0.02	0.02	0.02	0.02	0.02

Taichung Commercial Bank Co LT-Debt-to-Total-Asset Calculation

Taichung Commercial Bank 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 )
	=	14637.781	/	972079.102
	=	0.02

Taichung Commercial Bank 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 )
	=	14637.781	/	972079.102
	=	0.02

Taichung Commercial Bank Co (TPE:2812) 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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Taichung Commercial Bank Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Taichung Commercial Bank Co Ltd (TPE:2812) » Definitions » LT-Debt-to-Total-Asset

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Address

No. 87, Mincyuan Road, West District, Taichung, TWN, 40341

Website

https://www.tcbbank.com.tw

Taichung Commercial Bank Co Ltd is a provider of banking products and services in Taiwan. The company earns the majority of revenue domestically and derives a small portion of revenue from operations in the rest of Asia and America. Segements are Northern area, Central area, Southern area, OBU, Overseas branch, Head office and others. The bank provides deposits, corporate loans, syndicated loans, mortgages, automobile loans, credit cards, foreign exchange, Internet banking, ATMs, securities trading, long-term investment, wealth management, trust services, insurance brokerage, leasing, and international banking to its customers, both individuals and businesses.

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