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Founding Construction Development Co (TPE:5533) LT-Debt-to-Total-Asset : 0.09 (As of Sep. 2024)


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What is Founding Construction Development 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. Founding Construction Development Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.09.

Founding Construction Development Co's long-term debt to total assets ratio declined from Sep. 2023 (0.10) to Sep. 2024 (0.09). It may suggest that Founding Construction Development Co is progressively becoming less dependent on debt to grow their business.

Founding Construction Development Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Founding Construction Development 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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Founding Construction Development Co LT-Debt-to-Total-Asset Chart

Founding Construction Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.15 0.13 0.10 0.10

Founding Construction Development Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.10 0.09 0.09 0.09

Founding Construction Development Co LT-Debt-to-Total-Asset Calculation

Founding Construction Development 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 )
=1139.353/11868.87
=0.10

Founding Construction Development Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=1026.375/11793.002
=0.09

* 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.

Founding Construction Development Co  (TPE:5533) 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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Founding Construction Development Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Founding Construction Development Co Ltd (TPE:5533) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
TPE:2514 TPE:2701 TPE:2527 TPE:3266 ROCO:4416 ROCO:5514 ROCO:5523 TPE:2509 ROCO:3512 TPE:1316 CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 OSTO:AKEL D HKSE:01997 SGX:9CI MIL:INW
Traded in Other Exchanges
N/A
Address
No. 294, Section 1, Dunhua South Road, 3rd Floor, Da’an District, Taipei, TWN
Website
https://www.founding.com.tw
Founding Construction Development Co Ltd is engaged in the appointments and management of contractors to build public housing developments and commercial buildings for leasing and selling, trading of construction materials and machines, designs, and works of interior decoration. Its operating segment comprises the Architecture segment, Construction segment, and Hospitality segment. The Architecture segment accounts for the majority of its revenue.

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