V Technology Co (V Technology Co) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2023)

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What is V Technology 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. V Technology Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.16.

V Technology Co's long-term debt to total assets ratio declined from Dec. 2022 (0.18) to Dec. 2023 (0.16). It may suggest that V Technology Co is progressively becoming less dependent on debt to grow their business.

V Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for V Technology 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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V Technology Co LT-Debt-to-Total-Asset Chart

V Technology Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.12

0.16

0.14

0.18

0.14

V Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.18	0.13	0.16	0.14

V Technology Co LT-Debt-to-Total-Asset Calculation

V Technology Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	71.233	/	504.65
	=	0.14

V Technology 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 )
	=	78.85	/	502.766
	=	0.16

V Technology Co (OTCPK:VCHYF) 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.

V Technology Co LT-Debt-to-Total-Asset Related Terms

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V Technology Co (V Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » V Technology Co Ltd (OTCPK:VCHYF) » Definitions » LT-Debt-to-Total-Asset

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7717:Japan

Address

YBP East Tower 9F, 134 Godo-cho, Hodogaya-ku, Yokohama, JPN, 240-00005

Website

http://www.vtec.co.jp

V Technology Co Ltd is in the business of development, manufacturing marketing and service of the manufacturing system, inspection system, measurement system, macro inspection system and also flat panel display industry. The company is also engaged in development and sales of the systems for solar cell and liquid emitting displays manufacturing. Its products include smart phones, game consoles, inspection system, and laser scriber.

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