FORMETAL Co (XKRX:119500) Debt-to-Asset : 0.08 (As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is FORMETAL Co Debt-to-Asset?

FORMETAL Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩4,818 Mil. FORMETAL Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩0 Mil. FORMETAL Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ₩64,627 Mil. FORMETAL Co's debt to asset for the quarter that ended in Sep. 2024 was 0.07.

FORMETAL Co Debt-to-Asset Historical Data

The historical data trend for FORMETAL 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.

FORMETAL Co Debt-to-Asset Chart

FORMETAL Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.14

0.12

0.13

0.11

0.09

FORMETAL 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															0.10	0.09	0.08	0.07	0.08

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

For the Metal Fabrication subindustry, FORMETAL 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.

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

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

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

FORMETAL Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

FORMETAL 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
	=	(5380	+	194.25)	/	65547.374
	=	0.09

FORMETAL 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
	=	(4818.25	+	0)	/	64627.162
	=	0.07

FORMETAL Co (XKRX:119500) 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.

FORMETAL Co Debt-to-Asset Related Terms

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

FORMETAL Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FORMETAL Co Ltd (XKRX:119500) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

No. 1741, Mujang-ri, Jigok-myeon, Chungcheongnam-do, Seosan, KOR

Website

http://www.formetal.co.kr

FORMETAL Co Ltd is a Korea based manufacturer of various types of forgings and supplies components of precision instruments. The products offered by the company are RV gear, hold flange, shaft, sprocket, oil cap, ice cleat, center bearing, fork shift, yoke, spindle, pole, crank shaft and cam shaft, among others. The products are used in automobile, defense industry, wind power generation, heavy equipment, agricultural machine, and in other industries.

FORMETAL Co Headlines

No Headlines