Samg Entertainment Co (XKRX:419530) LT-Debt-to-Total-Asset : 0.21 (As of Mar. 2024)

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What is Samg Entertainment 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. Samg Entertainment Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.21.

Samg Entertainment Co's long-term debt to total assets ratio increased from Mar. 2023 (0.04) to Mar. 2024 (0.21). It may suggest that Samg Entertainment Co is progressively becoming more dependent on debt to grow their business.

Samg Entertainment Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Samg Entertainment 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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Samg Entertainment Co LT-Debt-to-Total-Asset Chart

Samg Entertainment Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.51

0.39

0.33

0.04

0.21

Samg Entertainment Co Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.04	0.03	0.17	0.21	0.21

Samg Entertainment Co LT-Debt-to-Total-Asset Calculation

Samg Entertainment 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 )
	=	21108.574	/	100134.483
	=	0.21

Samg Entertainment 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 )
	=	21400.399	/	100544.181
	=	0.21

Samg Entertainment Co (XKRX:419530) 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.

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Samg Entertainment Co (XKRX:419530) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Samg Entertainment Co Ltd (XKRX:419530) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

325 Teheran-ro, 8th Floor, Gangnam-gu, Seoul, KOR, 06151

Website

http://www.samg.net

Samg Entertainment Co Ltd is engaged in the production and distribution of films, video products and broadcast programs.

Samg Entertainment Co (XKRX:419530) Headlines

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