Yuanta Financial Holdings Co (TPE:2885) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

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What is Yuanta Financial Holdings 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. Yuanta Financial Holdings Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

Yuanta Financial Holdings Co's long-term debt to total assets ratio increased from Mar. 2023 (0.05) to Mar. 2024 (0.05). It may suggest that Yuanta Financial Holdings Co is progressively becoming more dependent on debt to grow their business.

Yuanta Financial Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yuanta Financial Holdings 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.

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Yuanta Financial Holdings Co LT-Debt-to-Total-Asset Chart

Yuanta Financial Holdings Co Annual Data

Trend

Dec14

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Dec16

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Dec23

LT-Debt-to-Total-Asset

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0.05

Yuanta Financial Holdings Co 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															0.05	0.05	0.05	0.05	0.05

Yuanta Financial Holdings Co LT-Debt-to-Total-Asset Calculation

Yuanta Financial Holdings 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 )
	=	153343.858	/	3298659.82
	=	0.05

Yuanta Financial Holdings 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 )
	=	178992.117	/	3535816.026
	=	0.05

Yuanta Financial Holdings Co (TPE:2885) 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.

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Yuanta Financial Holdings Co (TPE:2885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Yuanta Financial Holdings Co Ltd (TPE:2885) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 66, Section 1, Dunhua South Road, 6th, 10th, 12th and 13th Floors, Songshan District, Taipei, TWN

Website

https://www.yuanta.com

Yuanta Financial Holdings Co Ltd is engages in the business of a financial holding company and its operations are limited to investing and investment management.

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