Daishin Securities Co (LSE:DSS) LT-Debt-to-Total-Asset : 0.41 (As of Dec. 2023)

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What is Daishin Securities 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. Daishin Securities Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.41.

Daishin Securities Co's long-term debt to total assets ratio increased from Dec. 2022 (0.32) to Dec. 2023 (0.41). It may suggest that Daishin Securities Co is progressively becoming more dependent on debt to grow their business.

Daishin Securities Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Daishin Securities 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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Daishin Securities Co LT-Debt-to-Total-Asset Chart

Daishin Securities Co Annual Data

Trend

Mar13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.28

0.30

0.29

0.35

0.32

Daishin Securities Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.32	0.34	0.35	0.37	0.41

Daishin Securities Co LT-Debt-to-Total-Asset Calculation

Daishin Securities Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	5290.965	/	16397.143
	=	0.32

Daishin Securities Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	7087.62	/	17359.387
	=	0.41

Daishin Securities Co (LSE:DSS) 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.

Daishin Securities Co LT-Debt-to-Total-Asset Related Terms

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Daishin Securities Co (LSE:DSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Daishin Securities Co Ltd (LSE:DSS) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

003547:Korea 003545:Korea 003540:Korea

Address

Daishin Finance Center 343, Samil-daero, Jung-gu, Seoul, KOR

Website

https://eng.daishin.com

Daishin Securities Co Ltd is a South Korean financial service company. The company operates in Hong Kong and the United States but conducts the majority of its business domestically. It generates most of its revenue from investment in equity, bonds, and derivatives. The retail segment of the company provides brokerage services and generates the second-largest amount of revenue. The next- largest segment purchases and sells asset-backed securities, including bonds and bad assets. The company also engages in corporate business, enterprise finance, savings banking, economic research, and foreign business.