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Lat Co (XKRX:311060) Liabilities-to-Assets : 0.85 (As of Dec. 2023)


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What is Lat Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Lat Co's Total Liabilities for the quarter that ended in Dec. 2023 was ₩28,228 Mil. Lat Co's Total Assets for the quarter that ended in Dec. 2023 was ₩33,261 Mil. Therefore, Lat Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.85.


Lat Co Liabilities-to-Assets Historical Data

The historical data trend for Lat Co's Liabilities-to-Assets 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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Lat Co Liabilities-to-Assets Chart

Lat Co Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
0.90 0.65 0.85

Lat Co Semi-Annual Data
Dec21 Dec22 Dec23
Liabilities-to-Assets 0.90 0.65 0.85

Competitive Comparison of Lat Co's Liabilities-to-Assets

For the Specialty Industrial Machinery subindustry, Lat Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lat Co's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lat Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Lat Co's Liabilities-to-Assets falls into.



Lat Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Lat Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=28227.511/33261.153
=0.85

Lat Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=28227.511/33261.153
=0.85

* 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.


Lat Co  (XKRX:311060) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Lat Co Liabilities-to-Assets Related Terms

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Lat Co (XKRX:311060) Business Description

Traded in Other Exchanges
N/A
Address
766-2 Gosaek-dong, Gwonseon-gu, Pyeong-dong, Gyeonggi-do, 1433-100, Suwon, KOR, 16643
Lat Co Ltd is a Korean company which operates in the vacuum equipment industry. It manufactures semiconductor and display equipment, while its products offerings include Vacuum deposition equipment, Heat treatment devices, etching devices, fusion compound devices, and other devices. It offers products for industries including solar cells (MEMS, PACKAGE, PCB), displays (AMOLED, LCD), and renewable energy (crystalline, thin film solar cells).

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