Korshynov Mining Plant PJSC (MIC:KOGK) LT-Debt-to-Total-Asset: 0.01 (As of Sep. 2023)


MIC:KOGK Korshynov Mining Plant PJSC MIC:KOGK
17 GF Score
Price ₽203.80
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What is Korshynov Mining Plant PJSC LT-Debt-to-Total-Asset?

Korshynov Mining Plant PJSC MIC:KOGK -0.78% 17 LT-Debt-to-Total-Asset is 0.01 as of Sep. 2023. GuruFocus rates MIC:KOGK with a GF Score™ of 17/100.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Korshynov Mining Plant PJSC's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.01.

Korshynov Mining Plant PJSC's long-term debt to total assets ratio declined from Mar. 2022 (0.02) to Sep. 2023 (0.01). It may suggest that Korshynov Mining Plant PJSC is progressively becoming less dependent on debt to grow their business.

Korshynov Mining Plant PJSC  (MIC:KOGK) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Korshynov Mining Plant PJSC LT-Debt-to-Total-Asset Related Terms

Korshynov Mining Plant PJSC LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Korshynov Mining Plant PJSC's LT-Debt-to-Total-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.

Korshynov Mining Plant PJSC LT-Debt-to-Total-Asset Chart

Korshynov Mining Plant PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.01 0.00 0.00 0.00

Korshynov Mining Plant PJSC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
LT-Debt-to-Total-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 0.02 0.00 0.01 0.02 0.01
MIC:KOGK
17GF Score
Korshynov Mining Plant PJSC MIC:KOGK
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Korshynov Mining Plant PJSC LT-Debt-to-Total-Asset Calculation

Korshynov Mining Plant PJSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )/Total Assets (A: Dec. 2021 )
=35.315/54454.648
=0.00

Korshynov Mining Plant PJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=924.803/69480.215
=0.01

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.01 mean?
Korshynov Mining Plant PJSC (MIC:KOGK) has a LT-Debt-to-Total-Asset of 0.01 as of Sep. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Korshynov Mining Plant PJSC and its competitors.
Is Korshynov Mining Plant PJSC's LT-Debt-to-Total-Asset too high?
Korshynov Mining Plant PJSC's current LT-Debt-to-Total-Asset is 0.01. Overall, Korshynov Mining Plant PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Korshynov Mining Plant PJSC's LT-Debt-to-Total-Asset compare to NUE and STLD?
Korshynov Mining Plant PJSC's LT-Debt-to-Total-Asset of 0.01 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Steel company?
A good LT-Debt-to-Total-Asset depends on the Steel industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Korshynov Mining Plant PJSC and its competitors. Korshynov Mining Plant PJSC's current LT-Debt-to-Total-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korshynov Mining Plant PJSC stock overvalued right now?
Korshynov Mining Plant PJSC (MIC:KOGK) has a current LT-Debt-to-Total-Asset of 0.01. The current LT-Debt-to-Total-Asset is 0.01. Korshynov Mining Plant PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Korshynov Mining Plant PJSC (MIC:KOGK), the current LT-Debt-to-Total-Asset is 0.01 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Korshynov Mining Plant PJSC Business Description

Address Ivashchenko 9A/1, Zheleznovorsk, Nizhneilimsky Region, Irkutsk, RUS, 665651
Korshynov Mining Plant PJSC is engaged in iron ore mining and processing in Russia.
17GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽203.80
Price