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Korea Zinc Co (XKRX:010130) Liabilities-to-Assets : 0.19 (As of Mar. 2024)


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What is Korea Zinc Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Korea Zinc Co's Total Liabilities for the quarter that ended in Mar. 2024 was ₩2,316,974 Mil. Korea Zinc Co's Total Assets for the quarter that ended in Mar. 2024 was ₩11,966,829 Mil. Therefore, Korea Zinc Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.19.


Korea Zinc Co Liabilities-to-Assets Historical Data

The historical data trend for Korea Zinc Co's Liabilities-to-Assets 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.

Korea Zinc Co Liabilities-to-Assets Chart

Korea Zinc Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.17 0.22 0.24 0.20

Korea Zinc Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.23 0.19 0.20 0.20 0.19

Competitive Comparison of Korea Zinc Co's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Korea Zinc Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Korea Zinc Co's Liabilities-to-Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Korea Zinc Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Korea Zinc Co's Liabilities-to-Assets falls into.



Korea Zinc Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Korea Zinc Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=2404068.443/12046071.312
=0.20

Korea Zinc Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=2316974.411/11966828.995
=0.19

* 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.


Korea Zinc Co  (XKRX:010130) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Korea Zinc Co Liabilities-to-Assets Related Terms

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Korea Zinc Co (XKRX:010130) Business Description

Traded in Other Exchanges
N/A
Address
542, Gangnam-daero, Youngpoong Building, Gangnam-gu, Seoul, KOR
Korea Zinc Co Ltd is a Korea-based non-ferrous metal smelting company. The company produces approx 18 types of non-ferrous metals from zinc to lead, gold, silver, and copper as well as rare metals such as indium and gallium. Its products are used as raw materials in steel, automobile, electricity, and construction industries.

Korea Zinc Co (XKRX:010130) Headlines

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