Cameo Communications (TPE:6142) LT-Debt-to-Total-Asset : 0.12 (As of Jun. 2024)

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What is Cameo Communications 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. Cameo Communications's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.12.

Cameo Communications's long-term debt to total assets ratio declined from Jun. 2023 (0.15) to Jun. 2024 (0.12). It may suggest that Cameo Communications is progressively becoming less dependent on debt to grow their business.

Cameo Communications LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cameo Communications'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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Cameo Communications LT-Debt-to-Total-Asset Chart

Cameo Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.15

0.23

0.19

0.15

0.13

Cameo Communications Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.14	0.13	0.13	0.12

Cameo Communications LT-Debt-to-Total-Asset Calculation

Cameo Communications'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 )
	=	561.282	/	4259.116
	=	0.13

Cameo Communications's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	491.344	/	4142.351
	=	0.12

Cameo Communications (TPE:6142) 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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Cameo Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cameo Communications Inc (TPE:6142) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Ruihu Street, Neihu District, 5th Floor, No.158, Taipei City, TWN, 114

Website

https://www.cameo.com.tw

Cameo Communications Inc is engaged in manufacturing and sale of networking system equipment and the components thereof, and research and development of pertinent technology. The company is a Networking products supplier specializing in Layer 2 Management Ethernet Switch, Wireless Client Adapter, Wireless LAN AP/Router, SOHO Router, Ethernet Switches, Media Converter, USB to Ethernet Converter, etc. Geographic presence of the company is in Asia, Europe, United States and Other countries.

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