GURUFOCUS.COM » STOCK LIST » Technology » Software » AsiaQuest Co Ltd (TSE:4261) » Definitions » LT-Debt-to-Total-Asset

AsiaQuest Co (TSE:4261) LT-Debt-to-Total-Asset

: 0.12 (As of Dec. 2023)
View and export this data going back to 2021. Start your Free Trial

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. AsiaQuest Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

AsiaQuest Co's long-term debt to total assets ratio declined from Dec. 2022 (0.15) to Dec. 2023 (0.12). It may suggest that AsiaQuest Co is progressively becoming less dependent on debt to grow their business.


AsiaQuest Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for AsiaQuest 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.

* Premium members only.

AsiaQuest Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.28 0.48 0.25 0.15 0.12

AsiaQuest Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
LT-Debt-to-Total-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.14 0.13 0.12 0.12

AsiaQuest Co LT-Debt-to-Total-Asset Calculation

AsiaQuest Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=259.551/2262.51
=0.11

AsiaQuest Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=259.551/2262.51
=0.11

* 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.


AsiaQuest Co  (TSE:4261) 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.


AsiaQuest Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of AsiaQuest Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


AsiaQuest Co (TSE:4261) Business Description

Traded in Other Exchanges
N/A
Address
3-11-13 Iidabashi, Iidabashi i-MARK ANNEX 6th Floor, Chiyoda-ku, Tokyo, JPN, 102-0072
AsiaQuest Co Ltd is involved in the Digital Transformation Business. It provides services thatsupport client's digital transformation, combined with experts consultation, system, application and product development.

AsiaQuest Co (TSE:4261) Headlines

No Headlines