Double Bond Chemical Ind Co (TPE:4764) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Double Bond Chemical Ind 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. Double Bond Chemical Ind Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.14.

Double Bond Chemical Ind Co's long-term debt to total assets ratio declined from Dec. 2023 (0.16) to Dec. 2024 (0.14). It may suggest that Double Bond Chemical Ind Co is progressively becoming less dependent on debt to grow their business.

Double Bond Chemical Ind Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Double Bond Chemical Ind 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.

* Premium members only.

Double Bond Chemical Ind Co LT-Debt-to-Total-Asset Chart

Double Bond Chemical Ind Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.17

0.27

0.22

0.16

0.14

Double Bond Chemical Ind 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															0.16	0.15	0.13	0.13	0.14

Double Bond Chemical Ind Co LT-Debt-to-Total-Asset Calculation

Double Bond Chemical Ind 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 )
	=	655.48	/	4870.397
	=	0.13

Double Bond Chemical Ind 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 )
	=	655.48	/	4870.397
	=	0.13

Double Bond Chemical Ind Co (TPE:4764) 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.

Double Bond Chemical Ind Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Double Bond Chemical Ind Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Double Bond Chemical Ind Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Double Bond Chemical Ind Co Ltd (TPE:4764) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 959, Zhongzheng Road, 4th Floor, Zhonghe District, New Taipei, TWN, 235

Website

https://www.dbc.com.tw

Double Bond Chemical Ind Co Ltd is engaged in the manufacturing of fine chemicals. The company's products include UV-curable products, Digital Printing Inks, LED, Additives for Plastics and Coatings, and among others. It focuses on the polymer and UV-Coating industries.

Double Bond Chemical Ind Co Headlines

No Headlines