Supreme Electronics Co (TPE:8112) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is Supreme Electronics 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. Supreme Electronics Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Supreme Electronics Co's long-term debt to total assets ratio declined from Mar. 2023 (0.12) to Mar. 2024 (0.04). It may suggest that Supreme Electronics Co is progressively becoming less dependent on debt to grow their business.

Supreme Electronics Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Supreme Electronics 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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Supreme Electronics Co LT-Debt-to-Total-Asset Chart

Supreme Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.09

0.15

0.10

0.18

0.07

Supreme Electronics 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															0.12	0.11	0.09	0.07	0.04

Supreme Electronics Co LT-Debt-to-Total-Asset Calculation

Supreme Electronics 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 )
	=	3709.409	/	52060.884
	=	0.07

Supreme Electronics 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 )
	=	2838.299	/	66013.564
	=	0.04

Supreme Electronics Co (TPE:8112) 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.

Supreme Electronics Co LT-Debt-to-Total-Asset Related Terms

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Supreme Electronics Co (TPE:8112) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Supreme Electronics Co Ltd (TPE:8112) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 189 Gangqian Road, 7th Floor, Neihu District, Taipei City, TWN, 11494

Website

http://www.supreme.com.tw

Supreme Electronics Co Ltd is engaged in the import and export dealership of a variety of electronic products and components. It manufactures and sells electronic components to computer manufacturers. The products offered by the group include NAND flash & other memory, DRAM, TFT/LCD, Application Processor, System LSI, and other products, of which key revenue is generated from NAND flash & other memory products. Its geographical segments are Hong Kong & China, Taiwan, the United States, and other countries, of which most of the income is generated from Hong Kong & China.

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