Kim Forest Enterprise Co (TPE:6645) LT-Debt-to-Total-Asset : 0.22 (As of Dec. 2024)

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What is Kim Forest 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. Kim Forest Enterprise Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.22.

Kim Forest Enterprise Co's long-term debt to total assets ratio increased from Dec. 2023 (0.12) to Dec. 2024 (0.22). It may suggest that Kim Forest Enterprise Co is progressively becoming more dependent on debt to grow their business.

Kim Forest Enterprise Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kim Forest 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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Kim Forest Enterprise Co LT-Debt-to-Total-Asset Chart

Kim Forest Enterprise Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.08

0.11

0.12

0.22

Kim Forest Enterprise Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.13	0.15	0.18	0.22

Kim Forest Enterprise Co LT-Debt-to-Total-Asset Calculation

Kim Forest Enterprise 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 )
	=	250.396	/	1139.259
	=	0.22

Kim Forest Enterprise 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 )
	=	250.396	/	1139.259
	=	0.22

Kim Forest Enterprise Co (TPE:6645) 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.

Kim Forest Enterprise Co LT-Debt-to-Total-Asset Related Terms

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Kim Forest Enterprise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Kim Forest Enterprise Co Ltd (TPE:6645) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 97, Xintai 5th Road, 30th Floor, Section 1, U-TOWN Building B, Xizhi District, New Taipei, TWN, 22175

Website

https://www.kimforest.com

Kim Forest Enterprise Co Ltd is engaged in providing clinical medical information, genetic testing services, and biological information. It manufactures medical equipment and also produces drug products. The company's equipment includes Desktop microcentrifuge, Desktop large capacity centrifuge, Filter-type absorption spectrometer, Multifunctional spectrometer, and many more. Its reportable segments are Biomedical products which generates key revenue, and the Precision medicine segment. Geographically, the company generates a majority of its revenue from Taiwan and the rest from the United States of America.

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