Ruentex Industries (TPE:2915) Debt-to-Asset : 0.06 (As of Mar. 2024)

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What is Ruentex Industries Debt-to-Asset?

Ruentex Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,521 Mil. Ruentex Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$5,786 Mil. Ruentex Industries's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was NT$115,350 Mil. Ruentex Industries's debt to asset for the quarter that ended in Mar. 2024 was 0.06.

Ruentex Industries Debt-to-Asset Historical Data

The historical data trend for Ruentex Industries's Debt-to-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 Industries Debt-to-Asset Chart

Ruentex Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.26

0.20

0.22

0.16

0.13

Ruentex Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.15	0.14	0.16	0.13	0.06

Competitive Comparison of Ruentex Industries's Debt-to-Asset

For the Textile Manufacturing subindustry, Ruentex Industries's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ruentex Industries's Debt-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ruentex Industries's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Ruentex Industries's Debt-to-Asset falls into.

Ruentex Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ruentex Industries's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1349.163	+	13845.489)	/	116070.225
	=	0.13

Ruentex Industries's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1521.395	+	5786.216)	/	115349.5
	=	0.06

Ruentex Industries (TPE:2915) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Ruentex Industries Debt-to-Asset Related Terms

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

Ruentex Industries (TPE:2915) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ruentex Industries Ltd (TPE:2915) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.308, Section 2, Bade Road, 13th Floor, Taipei, TWN

Website

https://www.ruentex.com.tw

Ruentex Industries Ltd is a textile business based in Taiwan. The company generates the majority of its revenue domestically, and a small portion from the rest of Asia, through five segments. The investment segment invests in, constructs, and leases commercial buildings and government-funded residential housing units. The hypermarket segment derives the majority of revenue from imports and exports of textiles. The textile department engages in the yarning of cotton, wool, chemical fibers, and synthetic fibers. The retailing segment retails men's and women's clothing, underwear, and bags under several brand names such as Nautica and Jeep. The smallest segment, construction, manufactures, processes, and markets construction materials.

Ruentex Industries (TPE:2915) Headlines

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