Tong Hsing Electronic Industries (TPE:6271) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2025)

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What is Tong Hsing Electronic Industries 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. Tong Hsing Electronic Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.13.

Tong Hsing Electronic Industries's long-term debt to total assets ratio declined from Mar. 2024 (0.16) to Mar. 2025 (0.13). It may suggest that Tong Hsing Electronic Industries is progressively becoming less dependent on debt to grow their business.

Tong Hsing Electronic Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tong Hsing Electronic Industries'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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Tong Hsing Electronic Industries LT-Debt-to-Total-Asset Chart

Tong Hsing Electronic Industries Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

0.16

0.10

Tong Hsing Electronic Industries Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.10	0.10	0.10	0.13

Tong Hsing Electronic Industries LT-Debt-to-Total-Asset Calculation

Tong Hsing Electronic Industries'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 )
	=	3567.771	/	34615.579
	=	0.10

Tong Hsing Electronic Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (Q: Mar. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2025 )	/	Total Assets (Q: Mar. 2025 )
	=	4755.285	/	36396.478
	=	0.13

Tong Hsing Electronic Industries (TPE:6271) 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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Tong Hsing Electronic Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tong Hsing Electronic Industries Ltd (TPE:6271) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

No 83, Yanping South Road, 6th Floor, Zhougzheng District, Taipei, TWN

Website

https://www.theil.com

Tong Hsing Electronic Industries Ltd is a Taiwan-based company that is principally engaged in developing, manufacturing, and selling hybrid integrated circuits, image sensors, metalized ceramic substrates, RF modules, and others. The company generates the majority of its total revenue from overseas markets, including the United States, Singapore, and Malaysia.

Tong Hsing Electronic Industries Headlines

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