Top High Image (ROCO:3284) LT-Debt-to-Total-Asset : 0.27 (As of Sep. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Top High Image 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. Top High Image's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.27.

Top High Image's long-term debt to total assets ratio increased from Sep. 2023 (0.23) to Sep. 2024 (0.27). It may suggest that Top High Image is progressively becoming more dependent on debt to grow their business.

Top High Image LT-Debt-to-Total-Asset Historical Data

The historical data trend for Top High Image'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.

* Premium members only.

Top High Image LT-Debt-to-Total-Asset Chart

Top High Image Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.14

0.17

0.26

0.24

0.21

Top High Image Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.23	0.21	0.24	0.22	0.27

Top High Image LT-Debt-to-Total-Asset Calculation

Top High Image'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 )
	=	438.602	/	2053.365
	=	0.21

Top High Image's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	731.704	/	2725.926
	=	0.27

Top High Image (ROCO:3284) 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.

Top High Image LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Top High Image's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Top High Image Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Top High Image Corp (ROCO:3284) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 20 Juguang 2nd Street, Dafa industrial park, Daliao District, Kaohsiung, TWN, 831

Website

https://www.ctptop.com.tw

Top High Image Corp is engaged in manufacturing of pre-sensitized plate used in offset printing and wholesale of aluminum plate materials. Its products include Thermal CTP plate, UV CTP plate, PS palte, BOPP film, Hot Stamping Foil, Cold Foil and Wash Cloth, among others.

Top High Image Headlines

No Headlines