Nan Liu Enterprise Co (TPE:6504) LT-Debt-to-Total-Asset : 0.21 (As of Mar. 2024)

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What is Nan Liu Enterprise 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. Nan Liu Enterprise Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.21.

Nan Liu Enterprise Co's long-term debt to total assets ratio declined from Mar. 2023 (0.26) to Mar. 2024 (0.21). It may suggest that Nan Liu Enterprise Co is progressively becoming less dependent on debt to grow their business.

Nan Liu Enterprise Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nan Liu Enterprise 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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Nan Liu Enterprise Co LT-Debt-to-Total-Asset Chart

Nan Liu Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.31

0.25

0.30

0.25

0.23

Nan Liu Enterprise Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.26	0.25	0.23	0.21

Nan Liu Enterprise Co LT-Debt-to-Total-Asset Calculation

Nan Liu Enterprise 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 )
	=	2394.368	/	10384.256
	=	0.23

Nan Liu Enterprise Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	2109.934	/	10252.64
	=	0.21

Nan Liu Enterprise Co (TPE:6504) 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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Nan Liu Enterprise Co (TPE:6504) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nan Liu Enterprise Co Ltd (TPE:6504) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 699, Silin Road,, Yanchao District,, Kaohsiung County, TWN

Website

http://www.e-nonwoven.com.tw

Nan Liu Enterprise Co Ltd is a Taiwan-based company that is principally engaged in manufacturing and selling fabric materials, household goods, and skincare goods. The company's products consist of spunlace nonwoven fabrics, air-through/thermal-bonded nonwoven fabrics, disposable surgical gowns fabrics, wet wipes, and cosmetics. The company has a vertical integrated production process, from fabrics to secondary processing and then to finished products. The company distributes its products in Asia, especially in Taiwan, Mainland China, and Japan, which jointly contribute the majority of its total revenue.

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