Ruentex Materials Co (TPE:8463) LT-Debt-to-Total-Asset : 0.34 (As of Dec. 2024)

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What is Ruentex Materials 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. Ruentex Materials Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.34.

Ruentex Materials Co's long-term debt to total assets ratio increased from Dec. 2023 (0.34) to Dec. 2024 (0.34). It may suggest that Ruentex Materials Co is progressively becoming more dependent on debt to grow their business.

Ruentex Materials Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ruentex Materials 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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Ruentex Materials Co LT-Debt-to-Total-Asset Chart

Ruentex Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.30

0.41

0.27

0.34

Ruentex Materials 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															0.34	0.37	0.34	0.24	0.34

Ruentex Materials Co LT-Debt-to-Total-Asset Calculation

Ruentex Materials 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 )
	=	3445.499	/	10089.743
	=	0.34

Ruentex Materials 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 )
	=	3445.499	/	10089.743
	=	0.34

Ruentex Materials Co (TPE:8463) 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.

Ruentex Materials Co LT-Debt-to-Total-Asset Related Terms

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Ruentex Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ruentex Materials Co Ltd (TPE:8463) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 308, Section 2, Bade Road, 10th Floor, Taipei, TWN

Website

http://www.rtm.com.tw

Ruentex Materials Co Ltd is engaged in the manufacturing and sale of semi-finished cement products. The company is also engaged in mining, manufacturing, and distribution of cement raw materials and mining and distribution of mineral ore, quarrying, building materials development, manufacture, and distribution, manufacture, and sale of clay used for wall primer, powder coating material, tile adhesive, self-leveling cement, and dry-mixed cement mortar applications The product portfolio of the company includes Portland blast furnace cement, Portland cement, Hearthstone powder. The Company's revenue is mainly from three lines of business such as Cement business, Building materials business, and Engineering and construction business.

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