Sun Max Tech (TPE:6591) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

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What is Sun Max Tech 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. Sun Max Tech's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.13.

Sun Max Tech's long-term debt to total assets ratio increased from Dec. 2023 (0.07) to Dec. 2024 (0.13). It may suggest that Sun Max Tech is progressively becoming more dependent on debt to grow their business.

Sun Max Tech LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sun Max Tech'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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Sun Max Tech LT-Debt-to-Total-Asset Chart

Sun Max Tech Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.09

0.01

0.13

0.07

0.13

Sun Max Tech 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															0.07	0.08	0.07	0.07	0.13

Sun Max Tech LT-Debt-to-Total-Asset Calculation

Sun Max Tech'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 )
	=	389.908	/	2996.129
	=	0.13

Sun Max Tech'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 )
	=	389.908	/	2996.129
	=	0.13

Sun Max Tech (TPE:6591) 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.

Sun Max Tech LT-Debt-to-Total-Asset Related Terms

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Sun Max Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sun Max Tech Ltd (TPE:6591) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

802 West Bay Road, Oleander Way, P.O. Box 32052, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KY1-1208

Website

https://www.sun-max.com.tw

Sun Max Tech Ltd is engaged in the research and development, production, and sales of DC brushless cooling fans, liquid cooling pumps, and other computer-related accessories in Taiwan. Its products are mainly used for personal computers (PC), communications networks, and Industrial control. The company generates maximum revenue from a Cooling fan. Geographically, it derives a majority of its revenue from China and also has a presence in Taiwan and Other countries.

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