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POSCO Holdings (POSCO Holdings) Debt-to-Asset : 0.26 (As of Dec. 2023)


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What is POSCO Holdings Debt-to-Asset?

POSCO Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8,402 Mil. POSCO Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11,508 Mil. POSCO Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $77,389 Mil. POSCO Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.26.


POSCO Holdings Debt-to-Asset Historical Data

The historical data trend for POSCO Holdings'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.

POSCO Holdings Debt-to-Asset Chart

POSCO Holdings 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 0.27 0.27 0.24 0.25 0.26

POSCO Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.25 0.28 0.28 0.28 0.26

Competitive Comparison of POSCO Holdings's Debt-to-Asset

For the Steel subindustry, POSCO Holdings'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.


POSCO Holdings's Debt-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, POSCO Holdings's Debt-to-Asset distribution charts can be found below:

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



POSCO Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

POSCO Holdings'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
=(8401.766 + 11508.147) / 77388.7
=0.26

POSCO Holdings's Debt-to-Asset for the quarter 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
=(8401.766 + 11508.147) / 77388.7
=0.26

* 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.


POSCO Holdings  (NYSE:PKX) 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.


POSCO Holdings Debt-to-Asset Related Terms

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


POSCO Holdings (POSCO Holdings) Business Description

Address
POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, KOR, 06194
POSCO Holdings Inc is a holding company and operates through its subsidiaries. The company's operating segments are 1) Steel Segment includes the production and sale of steel products. 2) Green Infrastructure Business includes the provision of infrastructure and related services. The segment is divided into three operations, Trading Segment consists trading and natural resources development activities. Construction Segment consists planning, designing and construction of industrial plants, civil engineering projects and buildings. The energy and Other Segment consists power generation and information technology and operational technology services. 3) Green Materials and Energy Segment include manufacturing and sale of energy-related and other industrial materials, 4) Others Segment.