Hiwin Mikrosystem (TPE:4576) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

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

Hiwin Mikrosystem's long-term debt to total assets ratio increased from Mar. 2023 (0.10) to Mar. 2024 (0.13). It may suggest that Hiwin Mikrosystem is progressively becoming more dependent on debt to grow their business.

Hiwin Mikrosystem LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hiwin Mikrosystem'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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Hiwin Mikrosystem LT-Debt-to-Total-Asset Chart

Hiwin Mikrosystem Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.18

0.17

0.15

0.11

0.14

Hiwin Mikrosystem 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															0.10	0.10	0.11	0.14	0.13

Hiwin Mikrosystem LT-Debt-to-Total-Asset Calculation

Hiwin Mikrosystem'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 )
	=	849.393	/	6158.501
	=	0.14

Hiwin Mikrosystem'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 )
	=	815.754	/	6112.638
	=	0.13

Hiwin Mikrosystem (TPE:4576) 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.

Hiwin Mikrosystem LT-Debt-to-Total-Asset Related Terms

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Hiwin Mikrosystem (TPE:4576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hiwin Mikrosystem Corp (TPE:4576) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.6, Jingke Central Road, Chuen She Village, Nantun District, Taichung, TWN

Website

https://www.hiwinmikro.com.tw

Hiwin Mikrosystem Corp is engaged in manufactures, repairs and sells a variety of motors, drives and automation systems. Its product offerings include ballscrews, rolled ballscrews, precision linear guideways, rotary motor, single axis motor, among other. Its products can be applied in semiconductor equipment, optical component manufacturing equipment, automation equipment, Medicare and healthcare equipment, rehabilitation equipment, and transportation.

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