Mercuries Life Insurance Co (TPE:2867) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Mercuries Life Insurance 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. Mercuries Life Insurance Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Mercuries Life Insurance Co's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.01) to Mar. 2024 (0.01).

Mercuries Life Insurance Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mercuries Life Insurance 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.

* Premium members only.

Mercuries Life Insurance Co LT-Debt-to-Total-Asset Chart

Mercuries Life Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

Mercuries Life Insurance Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Mercuries Life Insurance Co LT-Debt-to-Total-Asset Calculation

Mercuries Life Insurance Co'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 )
	=	8842.983	/	1521803.877
	=	0.01

Mercuries Life Insurance Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	9168.295	/	1571548.448
	=	0.01

Mercuries Life Insurance Co (TPE:2867) 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.

Mercuries Life Insurance Co LT-Debt-to-Total-Asset Related Terms

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

Mercuries Life Insurance Co (TPE:2867) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mercuries Life Insurance Co Ltd (TPE:2867) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shitan Road, 1st Floor, No. 58, Neihu District, Taipei, TWN, 114

Website

https://www.mli.com.tw

Mercuries Life Insurance Co Ltd is a Taiwanese financial services company. Its product portfolio contains life insurance, health insurance, accident insurance, annuities, group insurance, and investment-linked products. Mercuries Life Insurance operations are mainly local. The company has also been developing its insurance services in overseas markets.

Mercuries Life Insurance Co (TPE:2867) Headlines

No Headlines