GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alcor Micro Corp (ROCO:8054) » Definitions » LT-Debt-to-Total-Asset

Alcor Micro (ROCO:8054) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Alcor Micro 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. Alcor Micro's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Alcor Micro's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.02). It may suggest that Alcor Micro is progressively becoming more dependent on debt to grow their business.


Alcor Micro LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alcor Micro'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.

Alcor Micro LT-Debt-to-Total-Asset Chart

Alcor Micro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.01 0.01 0.02

Alcor Micro 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 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 0.01 0.03 0.03 0.02 0.02

Alcor Micro LT-Debt-to-Total-Asset Calculation

Alcor Micro'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 )
=126.315/6478.304
=0.02

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

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=119.804/6359.197
=0.02

* 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.


Alcor Micro  (ROCO:8054) 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.


Alcor Micro LT-Debt-to-Total-Asset Related Terms

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


Alcor Micro (ROCO:8054) Business Description

Traded in Other Exchanges
N/A
Address
No.66, Sanchong Road, 9th Floor, Nangang District, Taipei, TWN, 115
Alcor Micro Corp designs develops, and markets integrated semiconductors as well as software solutions for personal computer peripherals and consumer electronics in Taiwan. Its products include SD card controllers, USB flash drive controllers, and SSD controllers.

Alcor Micro (ROCO:8054) Headlines

No Headlines