Formosa Sumco Technology (TPE:3532) LT-Debt-to-Total-Asset : 0.36 (As of Dec. 2024)

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What is Formosa Sumco Technology 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. Formosa Sumco Technology's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.36.

Formosa Sumco Technology's long-term debt to total assets ratio increased from Dec. 2023 (0.23) to Dec. 2024 (0.36). It may suggest that Formosa Sumco Technology is progressively becoming more dependent on debt to grow their business.

Formosa Sumco Technology LT-Debt-to-Total-Asset Historical Data

The historical data trend for Formosa Sumco Technology'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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Formosa Sumco Technology LT-Debt-to-Total-Asset Chart

Formosa Sumco Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.23

0.36

Formosa Sumco Technology 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															0.23	0.23	0.22	0.25	0.36

Formosa Sumco Technology LT-Debt-to-Total-Asset Calculation

Formosa Sumco Technology'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 )
	=	19272.275	/	53421.496
	=	0.36

Formosa Sumco Technology'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 )
	=	19272.275	/	53421.496
	=	0.36

Formosa Sumco Technology (TPE:3532) 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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Formosa Sumco Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Formosa Sumco Technology Corp (TPE:3532) » Definitions » LT-Debt-to-Total-Asset

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Address

Dunhua North Road, Room 388, 7th Floor, No. 201, Taipei, TWN

Website

https://www.fstech.com.tw

Formosa Sumco Technology Corp is a Taiwan-based manufacturer and seller of silicon wafer electronic products. The company operates in two principal geographical areas: Taiwan and Japan. Its largest end market by revenue is Taiwan. The company's product range includes Polished Wafers, Annealed Wafer, Test Wafer, and Epitaxial Wafer.

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