Shinfox Energy Co (TPE:6806) LT-Debt-to-Total-Asset : 0.48 (As of Dec. 2024)

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What is Shinfox Energy 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. Shinfox Energy Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.48.

Shinfox Energy Co's long-term debt to total assets ratio increased from Dec. 2023 (0.16) to Dec. 2024 (0.48). It may suggest that Shinfox Energy Co is progressively becoming more dependent on debt to grow their business.

Shinfox Energy Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shinfox Energy 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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Shinfox Energy Co LT-Debt-to-Total-Asset Chart

Shinfox Energy Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.06

0.05

0.08

0.16

0.48

Shinfox Energy 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															0.16	0.14	0.21	0.50	0.48

Shinfox Energy Co LT-Debt-to-Total-Asset Calculation

Shinfox Energy 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 )
	=	23951.769	/	49861.461
	=	0.48

Shinfox Energy 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 )
	=	23951.769	/	49861.461
	=	0.48

Shinfox Energy Co (TPE:6806) 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.

Shinfox Energy Co LT-Debt-to-Total-Asset Related Terms

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Shinfox Energy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shinfox Energy Co Ltd (TPE:6806) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 49, Zhongyang Road, Section 4, Tucheng District, New Taipei, TWN, 236040

Website

https://www.shinfox.com.tw

Shinfox Energy Co Ltd is a professional renewable energy and clean energy service company. It is predominantly engaged in the provision of construction services, equipment maintenance and repair, and other services. The company has invested in comprehensive professional energy services such as solar power plants and energy-saving services.

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