Quang Viet Enterprise Co (TPE:4438) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

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What is Quang Viet Enterprise 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. Quang Viet Enterprise Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

Quang Viet Enterprise Co's long-term debt to total assets ratio increased from Mar. 2023 (0.12) to Mar. 2024 (0.13). It may suggest that Quang Viet Enterprise Co is progressively becoming more dependent on debt to grow their business.

Quang Viet Enterprise Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Quang Viet Enterprise 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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Quang Viet Enterprise Co LT-Debt-to-Total-Asset Chart

Quang Viet Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.13

0.02

0.13

0.14

Quang Viet Enterprise 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															0.12	0.11	0.11	0.14	0.13

Quang Viet Enterprise Co LT-Debt-to-Total-Asset Calculation

Quang Viet Enterprise 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 )
	=	2173.051	/	15691.89
	=	0.14

Quang Viet Enterprise 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 )
	=	2107.964	/	16914.216
	=	0.12

Quang Viet Enterprise Co (TPE:4438) 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.

Quang Viet Enterprise Co LT-Debt-to-Total-Asset Related Terms

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Quang Viet Enterprise Co (TPE:4438) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Quang Viet Enterprise Co Ltd (TPE:4438) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 607, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492

Website

http://www.qve.com.tw

Quang Viet Enterprise Co Ltd is a garment supplying company. The company is engaged in the manufacturing, processing, and sale of garments and raw materials. The company generates the majority of its revenue from the Garment segment. The products of the company include Down jackets, Fiberfill jackets, Light jackets & parkas, and Others. The company's geographical segments are North America, China, Europe, Japan, Russia, and Others.

Quang Viet Enterprise Co (TPE:4438) Headlines

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