Eva Airways (TPE:2618) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

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What is Eva Airways 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. Eva Airways's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

Eva Airways's long-term debt to total assets ratio declined from Mar. 2023 (0.19) to Mar. 2024 (0.13). It may suggest that Eva Airways is progressively becoming less dependent on debt to grow their business.

Eva Airways LT-Debt-to-Total-Asset Historical Data

The historical data trend for Eva Airways'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.

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Eva Airways LT-Debt-to-Total-Asset Chart

Eva Airways Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.22

0.30

0.21

0.13

Eva Airways 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															0.19	0.16	0.14	0.13	0.13

Eva Airways LT-Debt-to-Total-Asset Calculation

Eva Airways'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 )
	=	44242.449	/	330182.307
	=	0.13

Eva Airways'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 )
	=	43805.447	/	340523.776
	=	0.13

Eva Airways (TPE:2618) 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.

Eva Airways LT-Debt-to-Total-Asset Related Terms

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Eva Airways (TPE:2618) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Eva Airways Corp (TPE:2618) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 376, Hsin-Nan Road, Sector 1, Luchu District, Taoyuan, TWN

Website

https://www.evaair.com

Eva Airways Corp is an aviation transportation business. The company business activities includes wholw sales and retail sales of medical devices. The company is domiciled in Taiwan, and generates the majority of revenue domestically.

Eva Airways (TPE:2618) Headlines

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