Tonlin Department Store Co (TPE:2910) LT-Debt-to-Total-Asset : 0.38 (As of Dec. 2024)

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What is Tonlin Department Store 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. Tonlin Department Store Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.38.

Tonlin Department Store Co's long-term debt to total assets ratio increased from Dec. 2023 (0.32) to Dec. 2024 (0.38). It may suggest that Tonlin Department Store Co is progressively becoming more dependent on debt to grow their business.

Tonlin Department Store Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tonlin Department Store 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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Tonlin Department Store Co LT-Debt-to-Total-Asset Chart

Tonlin Department Store Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.34

0.35

0.32

0.38

Tonlin Department Store 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															0.32	0.32	0.37	0.38	0.38

Tonlin Department Store Co LT-Debt-to-Total-Asset Calculation

Tonlin Department Store 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 )
	=	2254.484	/	5967.909
	=	0.38

Tonlin Department Store 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 )
	=	2254.484	/	5967.909
	=	0.38

Tonlin Department Store Co (TPE:2910) 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.

Tonlin Department Store Co LT-Debt-to-Total-Asset Related Terms

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Tonlin Department Store Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tonlin Department Store Co Ltd (TPE:2910) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongxiao East Road, 10th Floor-6, No.197, Section 4, Taipei, TWN

Website

https://www.tonlin.com.tw

Tonlin Department Store Co Ltd operates department stores offering men's and women's apparel and accessories, food, gifts, and general merchandise, among others. The reporting segments for the company are the Department store, Investment, and Construction segment. Maximum revenue is generated from the Department store segment.

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