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LOTTE Rental Co (XKRX:089860) Debt-to-Asset : 0.64 (As of Sep. 2024)


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What is LOTTE Rental Co Debt-to-Asset?

LOTTE Rental Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩2,061,044 Mil. LOTTE Rental Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩2,339,408 Mil. LOTTE Rental Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ₩6,914,979 Mil. LOTTE Rental Co's debt to asset for the quarter that ended in Sep. 2024 was 0.64.


LOTTE Rental Co Debt-to-Asset Historical Data

The historical data trend for LOTTE Rental 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.

LOTTE Rental Co Debt-to-Asset Chart

LOTTE Rental 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 0.74 0.74 0.62 0.67 0.64

LOTTE Rental 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 0.63 0.64 0.65 0.65 0.64

Competitive Comparison of LOTTE Rental Co's Debt-to-Asset

For the Rental & Leasing Services subindustry, LOTTE Rental 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.


LOTTE Rental Co's Debt-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, LOTTE Rental Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where LOTTE Rental Co's Debt-to-Asset falls into.



LOTTE Rental Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

LOTTE Rental 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
=(1693527.799 + 2582195.653) / 6718109.06
=0.64

LOTTE Rental 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
=(2061043.563 + 2339407.888) / 6914979.008
=0.64

* 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.


LOTTE Rental Co  (XKRX:089860) 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.


LOTTE Rental Co Debt-to-Asset Related Terms

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LOTTE Rental Co Business Description

Traded in Other Exchanges
N/A
Address
8th Floor, Shinwonvision Tower 898, Hogye-dong, Dongan-Gu, Anyang, KOR
LOTTE Rental Co Ltd is the leader in the domestic rental industry. It offers variety of household items, cars, office machines, various types of equipment and others on rental basis.

LOTTE Rental Co Headlines

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