Dae Won Kang Up Co (XKRX:000430) LT-Debt-to-Total-Asset : 0.02 (As of Jun. 2024)

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What is Dae Won Kang Up Co 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. Dae Won Kang Up Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.02.

Dae Won Kang Up Co's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.02). It may suggest that Dae Won Kang Up Co is progressively becoming more dependent on debt to grow their business.

Dae Won Kang Up Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dae Won Kang Up Co'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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Dae Won Kang Up Co LT-Debt-to-Total-Asset Chart

Dae Won Kang Up Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.02

0.01

Dae Won Kang Up Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.01	0.01	0.02	0.02

Dae Won Kang Up Co LT-Debt-to-Total-Asset Calculation

Dae Won Kang Up Co'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 )
	=	8247.673	/	1026303.658
	=	0.01

Dae Won Kang Up Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	28802.765	/	1277451.371
	=	0.02

Dae Won Kang Up Co (XKRX:000430) 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.

Dae Won Kang Up Co LT-Debt-to-Total-Asset Related Terms

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Dae Won Kang Up Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dae Won Kang Up Co Ltd (XKRX:000430) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

6-15 Namdaemunno 5-ga, Jung-gu, Seoul, KOR

Website

http://www.dwku.com

Dae Won Kang Up Co Ltd is a South Korea based company, engaged in developing and manufacturing of suspension springs and seats. It offers coil spring, stabilizers, leaf springs, air springs, automobiles seats, railway seats, lightweight magnesium seats, and others for passenger cars, buses and commercial vehicles, and railway vehicles. Geographically, the activities are carried out through South Korea; however, it also holds the business presence in the international market.

Dae Won Kang Up Co Headlines

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