Depo Auto Parts Industrial Co (TPE:6605) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2024)

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What is Depo Auto Parts Industrial 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. Depo Auto Parts Industrial Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.15.

Depo Auto Parts Industrial Co's long-term debt to total assets ratio declined from Dec. 2023 (0.20) to Dec. 2024 (0.15). It may suggest that Depo Auto Parts Industrial Co is progressively becoming less dependent on debt to grow their business.

Depo Auto Parts Industrial Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Depo Auto Parts Industrial 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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Depo Auto Parts Industrial Co LT-Debt-to-Total-Asset Chart

Depo Auto Parts Industrial Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.21

0.26

0.20

0.15

Depo Auto Parts Industrial Co 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															0.20	0.20	0.20	0.20	0.15

Depo Auto Parts Industrial Co LT-Debt-to-Total-Asset Calculation

Depo Auto Parts Industrial Co'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 )
	=	4930.962	/	32977.272
	=	0.15

Depo Auto Parts Industrial Co'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 )
	=	4930.962	/	32977.272
	=	0.15

Depo Auto Parts Industrial Co (TPE:6605) 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.

Depo Auto Parts Industrial Co LT-Debt-to-Total-Asset Related Terms

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Depo Auto Parts Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Depo Auto Parts Industrial Co Ltd (TPE:6605) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 20-3, Nanshi Lane, Lukang Township, Changhua County, Changhua, TWN

Website

https://www.depoautolamp.com

Depo Auto Parts Industrial Co Ltd is a Taiwan-based company engaged in stamping, plastic injection, baking paint and other transportation equipment manufacturing, processing and trading for domestic sales and export, as well as mold manufacturing, processing for domestic sales and export.. The company operates in Taiwan, Americas, Asia and Other regions, where Taiwan generates maximum revenue.

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