GURUFOCUS.COM » STOCK LIST » Technology » Software » Finotek Co Ltd (XKRX:150440) » Definitions » LT-Debt-to-Total-Asset

Finotek Co (XKRX:150440) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2022)


View and export this data going back to 2014. Start your Free Trial

What is Finotek 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. Finotek Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.00.

Finotek Co's long-term debt to total assets ratio declined from Dec. 2020 (0.00) to Dec. 2022 (0.00). It may suggest that Finotek Co is progressively becoming less dependent on debt to grow their business.


Finotek Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Finotek 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.

* Premium members only.

Finotek Co LT-Debt-to-Total-Asset Chart

Finotek Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial - 0.52 - - -

Finotek Co Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - 0.52 - - -

Finotek Co LT-Debt-to-Total-Asset Calculation

Finotek 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 )
=0/6952.729
=0.00

Finotek Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )/Total Assets (Q: Dec. 2022 )
=0/6952.729
=0.00

* 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.


Finotek Co  (XKRX:150440) 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.


Finotek Co LT-Debt-to-Total-Asset Related Terms

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


Finotek Co (XKRX:150440) Business Description

Traded in Other Exchanges
N/A
Address
3rd floor, 1 Yangjaechunro 9-Gil, Seocho-Gu, Seoul, KOR
Finotek Co Ltd develops and supply's software, system integration (SI), application development and consulting, system ASP services. The company primarily serves the financial services sector. Geographically, the business is carried out through Korea.

Finotek Co (XKRX:150440) Headlines

No Headlines