Holiday Entertainment Co (TPE:9943) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Holiday Entertainment 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. Holiday Entertainment Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Holiday Entertainment Co's long-term debt to total assets ratio declined from Mar. 2023 (0.13) to Mar. 2024 (0.09). It may suggest that Holiday Entertainment Co is progressively becoming less dependent on debt to grow their business.

Holiday Entertainment Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Holiday Entertainment 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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Holiday Entertainment Co LT-Debt-to-Total-Asset Chart

Holiday Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.15

0.14

0.10

Holiday Entertainment 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															0.13	0.11	0.11	0.10	0.09

Holiday Entertainment Co LT-Debt-to-Total-Asset Calculation

Holiday Entertainment 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 )
	=	586.22	/	5829.858
	=	0.10

Holiday Entertainment 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 )
	=	530.687	/	5965.055
	=	0.09

Holiday Entertainment Co (TPE:9943) 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.

Holiday Entertainment Co LT-Debt-to-Total-Asset Related Terms

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Holiday Entertainment Co (TPE:9943) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Holiday Entertainment Co Ltd (TPE:9943) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Section 5, Zhongxiao East Road, 4th Floor, No. 293, Xinyi District, Taipei, TWN, 293

Website

https://www.holiday.com.tw

Holiday Entertainment Co Ltd is a Taiwan-based company. It is engaged in the business of providing audio-visual and singing equipment for singing, distribution, and sale of audio-visual equipment and supplies, and advisory services on the management of audio-visual and singing. The company also provides advice on restaurant operations.

Holiday Entertainment Co (TPE:9943) Headlines

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