Nexteel Co (XKRX:092790) Debt-to-Asset : 0.19 (As of Sep. 2024)

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What is Nexteel Co Debt-to-Asset?

Nexteel Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩71,987 Mil. Nexteel Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩56,869 Mil. Nexteel Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ₩678,445 Mil. Nexteel Co's debt to asset for the quarter that ended in Sep. 2024 was 0.19.

Nexteel Co Debt-to-Asset Historical Data

The historical data trend for Nexteel 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.

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Nexteel Co Debt-to-Asset Chart

Nexteel Co Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

0.21

0.12

0.11

Nexteel Co Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial					0.12	0.11	0.12	0.20	0.19

Competitive Comparison of Nexteel Co's Debt-to-Asset

For the Metal Fabrication subindustry, Nexteel 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.

Nexteel Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nexteel Co's Debt-to-Asset distribution charts can be found below:

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

Nexteel Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nexteel 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
	=	(54921.703	+	17009.419)	/	642480.608
	=	0.11

Nexteel 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
	=	(71986.586	+	56869.051)	/	678444.898
	=	0.19

Nexteel Co (XKRX:092790) 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.

Nexteel Co Debt-to-Asset Related Terms

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Nexteel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nexteel Co Ltd (XKRX:092790) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

195, Songdeok-ro 212beon-gil, Daesong-myeon, Nam-gu, Gyeongsangbuk-do, Pohang-si, KOR

Website

http://www.nexteel.co.kr

Nexteel Co Ltd is a Manufacturer of steel pipes based in Seoul, South Korea. The company specializes in iron and steel OCTG, line pipes, ordinary piping, and structural piping.

Nexteel Co Headlines

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