World Known MFG (Cayman) (TPE:4581) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2024)

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What is World Known MFG (Cayman) 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. World Known MFG (Cayman)'s long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.11.

World Known MFG (Cayman)'s long-term debt to total assets ratio declined from Dec. 2023 (0.11) to Dec. 2024 (0.11). It may suggest that World Known MFG (Cayman) is progressively becoming less dependent on debt to grow their business.

World Known MFG (Cayman) LT-Debt-to-Total-Asset Historical Data

The historical data trend for World Known MFG (Cayman)'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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World Known MFG (Cayman) LT-Debt-to-Total-Asset Chart

World Known MFG (Cayman) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.13

0.11

World Known MFG (Cayman) 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															0.11	0.12	0.12	0.11	0.11

World Known MFG (Cayman) LT-Debt-to-Total-Asset Calculation

World Known MFG (Cayman)'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 )
	=	195.82	/	1804.58
	=	0.11

World Known MFG (Cayman)'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 )
	=	195.82	/	1804.58
	=	0.11

World Known MFG (Cayman) (TPE:4581) 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.

World Known MFG (Cayman) LT-Debt-to-Total-Asset Related Terms

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World Known MFG (Cayman) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » World Known MFG (Cayman) Ltd (TPE:4581) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Oleander Way, 802 West Bay Road, The Grand Pavilion Commercial Centre, P.O. Box 32052, Grand Cayman, CYM, KYI-1208

Website

https://www.wkgroup.com

World Known MFG (Cayman) Ltd is primarily involved in the manufacturing and selling the energy-saving and carbon-reducing parts of commercial vehicle engines, ADB calipers, rear panels of brake pads, bend pipes and accessories of turbocharger, cases of flywheels, cases of swing arms, exhaust manifolds, braces, core shafts, parts for braking system of wind power generator and processed products of machinery parts for various industries. The majority of the revenue is generated from the sale of Automotive parts. The company's geographical segments include America, Asia, and other countries. The company's segment consists of the precision casting processing department, offering products and managing related technologies and marketing strategies.

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