Hansung Cleantech Co (XKRX:066980) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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

Hansung Cleantech Co's long-term debt to total assets ratio increased from Mar. 2023 (0.03) to Mar. 2024 (0.04). It may suggest that Hansung Cleantech Co is progressively becoming more dependent on debt to grow their business.

Hansung Cleantech Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hansung Cleantech 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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Hansung Cleantech Co LT-Debt-to-Total-Asset Chart

Hansung Cleantech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.16

0.02

0.07

0.05

0.04

Hansung Cleantech 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															0.03	0.03	0.04	0.04	0.04

Hansung Cleantech Co LT-Debt-to-Total-Asset Calculation

Hansung Cleantech 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 )
	=	11070.804	/	283036.505
	=	0.04

Hansung Cleantech 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 )
	=	9855.261	/	278058.872
	=	0.04

Hansung Cleantech Co (XKRX:066980) 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.

Hansung Cleantech Co LT-Debt-to-Total-Asset Related Terms

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Hansung Cleantech Co (XKRX:066980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hansung Cleantech Co Ltd (XKRX:066980) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

6th Floor, Nonhyeon Building, 556 Gangnam-daero, Gangnam-gu, Seoul, KOR, 70228

Website

http://en.hscleantech.com

Hansung Cleantech Co Ltd is a leading environmental solution provider. It has developed economical and efficient systems for the treatment and supply of industrial water, potable water, demineralized water (demi-water), and ultrapure water. It is supplying water treatment systems and related devices in line with the required level of customers based on its rich experiences in a wide variety of industries including electric and electronic, petrochemical, power, and pharmaceutical industries. The company strives to carry out the Design, Installation, and Management of efficient and high-quality processes to provide more convenience for customers.

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