WBTN (Webtoon Entertainment) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Webtoon Entertainment LT-Debt-to-Total-Asset?

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. Webtoon Entertainment's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Webtoon Entertainment's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.01). It may suggest that Webtoon Entertainment is progressively becoming more dependent on debt to grow their business.

Webtoon Entertainment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Webtoon Entertainment'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.

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Webtoon Entertainment LT-Debt-to-Total-Asset Chart

Webtoon Entertainment Annual Data

Trend

Dec22

Dec23

LT-Debt-to-Total-Asset

0.02

0.01

Webtoon Entertainment Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.01	0.01	-	0.01

Webtoon Entertainment LT-Debt-to-Total-Asset Calculation

Webtoon Entertainment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	19.238	/	1776.605
	=	0.01

Webtoon Entertainment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	11.206	/	2125.742
	=	0.01

Webtoon Entertainment (NAS:WBTN) 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.

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Webtoon Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Webtoon Entertainment Inc (NAS:WBTN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5700 Wilshire Boulevard, Suite 220, Los Angeles, CA, USA, 90036

Website

https://www.webtoons.com

Webtoon Entertainment Inc is a global storytelling platform where a vibrant community of creators and users discover, create and share new content. It has pioneered a cultural movement by revolutionizing the storytelling format and democratizing content creation and publication connecting 24 million creators with approximately 170 million monthly active users in over 150 countries around the world.