TAIFLEX Scientific Co (TPE:8039) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2024)

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What is TAIFLEX Scientific 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. TAIFLEX Scientific Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.05.

TAIFLEX Scientific Co's long-term debt to total assets ratio increased from Dec. 2023 (0.05) to Dec. 2024 (0.05). It may suggest that TAIFLEX Scientific Co is progressively becoming more dependent on debt to grow their business.

TAIFLEX Scientific Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for TAIFLEX Scientific 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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TAIFLEX Scientific Co LT-Debt-to-Total-Asset Chart

TAIFLEX Scientific Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.07

0.20

0.19

0.05

TAIFLEX Scientific 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															0.05	0.04	0.03	0.04	0.05

TAIFLEX Scientific Co LT-Debt-to-Total-Asset Calculation

TAIFLEX Scientific 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 )
	=	771.295	/	14527.491
	=	0.05

TAIFLEX Scientific 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 )
	=	771.295	/	14527.491
	=	0.05

TAIFLEX Scientific Co (TPE:8039) 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.

TAIFLEX Scientific Co LT-Debt-to-Total-Asset Related Terms

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TAIFLEX Scientific Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TAIFLEX Scientific Co Ltd (TPE:8039) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 1, Huanqu 3rd Road, Cianjhen Technology Industrial Park, Cianjhen District, Kaohsiung, TWN, 806011

Website

https://www.taiflex.com.tw

TAIFLEX Scientific Co Ltd operates as a flexible materials company. Its principal products consist of a flexible copper-clad laminate, a cover layer, a bonding sheet, a stiffener, and composite film. Its segments includes General Management and Overseas. It generates maximum revenue from the General Management segment. Geographically, it derives a majority of its revenue from Mainland China.

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