Union Semiconductor (Hefei) Co (SHSE:688403) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Union Semiconductor (Hefei) 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. Union Semiconductor (Hefei) Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Union Semiconductor (Hefei) Co's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.01). It may suggest that Union Semiconductor (Hefei) Co is progressively becoming more dependent on debt to grow their business.

Union Semiconductor (Hefei) Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Union Semiconductor (Hefei) 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.

* Premium members only.

Union Semiconductor (Hefei) Co LT-Debt-to-Total-Asset Chart

Union Semiconductor (Hefei) Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.13

0.03

Union Semiconductor (Hefei) Co Quarterly Data
	Dec18	Dec19	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											-	-	-	-	0.01

Union Semiconductor (Hefei) Co LT-Debt-to-Total-Asset Calculation

Union Semiconductor (Hefei) Co'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 )
	=	1.269	/	3596.297
	=	0.00

Union Semiconductor (Hefei) Co'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 )
	=	20.936	/	3668.458
	=	0.01

Union Semiconductor (Hefei) Co (SHSE:688403) 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.

Union Semiconductor (Hefei) Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Union Semiconductor (Hefei) Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Union Semiconductor (Hefei) Co (SHSE:688403) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Union Semiconductor (Hefei) Co Ltd (SHSE:688403) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230012

Website

http://www.unionsemicon.com.cn

Union Semiconductor (Hefei) Co Ltd is a high-end advanced packaging and testing service provider for integrated circuits. It focuses on the field of display driver chips. The company's main business is the front-end gold bumping manufacturing as the core and integrates wafer testing, back-end chip-on-glass, and chip-on-film links to form a full range of display driver chips.

Union Semiconductor (Hefei) Co (SHSE:688403) Headlines

No Headlines