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Tae Yang Metal Co (XKRX:004105.PFD) Debt-to-Asset : 0.38 (As of Sep. 2024)


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What is Tae Yang Metal Co Debt-to-Asset?

Tae Yang Metal Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩174,309.32 Mil. Tae Yang Metal Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩19,124.13 Mil. Tae Yang Metal Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ₩503,796.09 Mil. Tae Yang Metal Co's debt to asset for the quarter that ended in Sep. 2024 was 0.38.


Tae Yang Metal Co Debt-to-Asset Historical Data

The historical data trend for Tae Yang Metal Co's Debt-to-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.

Tae Yang Metal Co Debt-to-Asset Chart

Tae Yang Metal Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.43 0.45 0.37 0.39

Tae Yang Metal Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.39 0.38 0.36 0.38

Competitive Comparison of Tae Yang Metal Co's Debt-to-Asset

For the Auto Parts subindustry, Tae Yang Metal Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Tae Yang Metal Co's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tae Yang Metal Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tae Yang Metal Co's Debt-to-Asset falls into.



Tae Yang Metal Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tae Yang Metal Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(171158.21 + 24445.743) / 499119.8
=0.39

Tae Yang Metal Co's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(174309.32 + 19124.129) / 503796.088
=0.38

* 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.


Tae Yang Metal Co  (XKRX:004105.PFD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Tae Yang Metal Co Debt-to-Asset Related Terms

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Tae Yang Metal Co Business Description

Traded in Other Exchanges
Address
595, Seonggok-Dong, Danwon-Gu, Ansan, Gyeonggi-do, KOR, 425-833
Tae Yang Metal Co Ltd is a South Korea-based company engaged in the provision of cold-forged products. Its products include automotive components such as Cylinder Head Bolt, Main Bearing Cap Bolt, and Fly Wheel Bolt. The other products offered by the company include Motorcycle components, Appliance components, Steering components, and Other Components.

Tae Yang Metal Co Headlines

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