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Ta-Yuan Cogeneration Co (ROCO:8931) Liabilities-to-Assets : 0.53 (As of Mar. 2024)


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What is Ta-Yuan Cogeneration Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Ta-Yuan Cogeneration Co's Total Liabilities for the quarter that ended in Mar. 2024 was NT$2,463 Mil. Ta-Yuan Cogeneration Co's Total Assets for the quarter that ended in Mar. 2024 was NT$4,677 Mil. Therefore, Ta-Yuan Cogeneration Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.53.


Ta-Yuan Cogeneration Co Liabilities-to-Assets Historical Data

The historical data trend for Ta-Yuan Cogeneration Co's Liabilities-to-Assets 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.

Ta-Yuan Cogeneration Co Liabilities-to-Assets Chart

Ta-Yuan Cogeneration Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.54 0.54 0.51 0.53

Ta-Yuan Cogeneration Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.47 0.54 0.53 0.53 0.53

Competitive Comparison of Ta-Yuan Cogeneration Co's Liabilities-to-Assets

For the Utilities - Regulated Electric subindustry, Ta-Yuan Cogeneration Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Ta-Yuan Cogeneration Co's Liabilities-to-Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ta-Yuan Cogeneration Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Ta-Yuan Cogeneration Co's Liabilities-to-Assets falls into.



Ta-Yuan Cogeneration Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Ta-Yuan Cogeneration Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=2397.247/4568.611
=0.52

Ta-Yuan Cogeneration Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=2463.121/4676.967
=0.53

* 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.


Ta-Yuan Cogeneration Co  (ROCO:8931) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


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Ta-Yuan Cogeneration Co (ROCO:8931) Business Description

Traded in Other Exchanges
N/A
Address
No. 276, Chaoyin North Road, Dayuan District, Taoyuan City, TWN, 337
Ta-Yuan Cogeneration Co Ltd engages mainly in operating the cogeneration business, operating and repairing equipment, processing waste disposal, managing incinerators and processing refuse-derived fuel. The operating segment includes Plant of Cogeneration and Plant of Renewable Energy, majority of its revenue generated from Plant of Cogeneration segment.

Ta-Yuan Cogeneration Co (ROCO:8931) Headlines

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