Vivic (VIVC) LT-Debt-to-Total-Asset: 0.13 (As of Jun. 2024)

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VIVC Vivic Corp VIVC
12 GF Score
Price $0.03
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What is Vivic LT-Debt-to-Total-Asset?

Vivic VIVC 12 LT-Debt-to-Total-Asset is 0.13 as of Jun. 2024. GuruFocus rates VIVC with a GF Score™ of 12/100.

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. Vivic's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.13.

Vivic's long-term debt to total assets ratio increased from Jun. 2023 (0.12) to Jun. 2024 (0.13). It may suggest that Vivic is progressively becoming more dependent on debt to grow their business.

Vivic  (OTCPK:VIVC) 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.

Vivic LT-Debt-to-Total-Asset Related Terms

Vivic LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Vivic'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.

Vivic LT-Debt-to-Total-Asset Chart

Vivic Annual Data
Trend Apr17 Apr18 Apr19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.00 0.10 0.35 0.03

Vivic Quarterly Data
Apr19 Jul19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.14 0.16 0.15 0.13
VIVC
12GF Score
Vivic Corp VIVC
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Vivic LT-Debt-to-Total-Asset Calculation

Vivic's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=0.088/3.192
=

Vivic's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=0.611/4.866
=0.13

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.13 mean?
Vivic (VIVC) has a LT-Debt-to-Total-Asset of 0.13 as of Jun. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Vivic and its competitors.
Is Vivic's LT-Debt-to-Total-Asset too high?
Vivic's current LT-Debt-to-Total-Asset is 0.13. Overall, Vivic has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Vivic's LT-Debt-to-Total-Asset compare to VMAR and VEEE?
Vivic's LT-Debt-to-Total-Asset of 0.13 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Vehicles & Parts company?
A good LT-Debt-to-Total-Asset depends on the Vehicles & Parts industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Vivic and its competitors. Vivic's current LT-Debt-to-Total-Asset is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivic stock overvalued right now?
Vivic (VIVC) has a current LT-Debt-to-Total-Asset of 0.13. The current LT-Debt-to-Total-Asset is 0.13. Vivic's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Vivic (VIVC), the current LT-Debt-to-Total-Asset is 0.13 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vivic Business Description

Address 187 E. Warm Spring Road, PMB No. B450, Las Vegas, NV, USA, 89119-4112
Vivic Corp is engaged in the research and development of yacht manufacturing using new energy-saving technology. It includes yacht sales, marine tourism, development of electric-powered yachts, development and operation of yacht marinas in Asia, and the development of a yacht rental and time share service.
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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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