Elite Advanced Laser (TPE:3450) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

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What is Elite Advanced Laser 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. Elite Advanced Laser's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

Elite Advanced Laser's long-term debt to total assets ratio increased from Dec. 2023 (0.02) to Dec. 2024 (0.03). It may suggest that Elite Advanced Laser is progressively becoming more dependent on debt to grow their business.

Elite Advanced Laser LT-Debt-to-Total-Asset Historical Data

The historical data trend for Elite Advanced Laser'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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Elite Advanced Laser LT-Debt-to-Total-Asset Chart

Elite Advanced Laser Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.04

0.02

0.03

Elite Advanced Laser 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	0.03	0.03	0.03

Elite Advanced Laser LT-Debt-to-Total-Asset Calculation

Elite Advanced Laser'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 )
	=	312.8	/	11149.548
	=	0.03

Elite Advanced Laser'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 )
	=	312.8	/	11149.548
	=	0.03

Elite Advanced Laser (TPE:3450) 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.

Elite Advanced Laser LT-Debt-to-Total-Asset Related Terms

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Elite Advanced Laser Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Elite Advanced Laser Corp (TPE:3450) » Definitions » LT-Debt-to-Total-Asset

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Address

10th Floor, 35 Qiao'an Street, Zhonghe District, New Taipei City, TWN, 235026

Website

http://www.elaser.com.tw

Elite Advanced Laser Corp is a Taiwanese technology company. The reportable segments of the company are the Optoelectronics industry and the Semiconductor segment. The company generates the majority of its revenue from the Semiconductor segment.

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