Korea Cast Iron Pipe Co (XKRX:000970) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

View and export this data going back to 1969. Start your Free Trial

What is Korea Cast Iron Pipe 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. Korea Cast Iron Pipe Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Korea Cast Iron Pipe Co's long-term debt to total assets ratio stayed the same from Dec. 2022 (0.01) to Dec. 2023 (0.01).

Korea Cast Iron Pipe Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Korea Cast Iron Pipe 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.

* Premium members only.

Korea Cast Iron Pipe Co LT-Debt-to-Total-Asset Chart

Korea Cast Iron Pipe Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

Korea Cast Iron Pipe Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	0.01	0.01	0.01

Korea Cast Iron Pipe Co LT-Debt-to-Total-Asset Calculation

Korea Cast Iron Pipe Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	2162.166	/	424608.629
	=	0.01

Korea Cast Iron Pipe Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	2328.394	/	434108.102
	=	0.01

Korea Cast Iron Pipe Co (XKRX:000970) 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.

Korea Cast Iron Pipe Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Korea Cast Iron Pipe Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Korea Cast Iron Pipe Co (XKRX:000970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Korea Cast Iron Pipe Co Ltd (XKRX:000970) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

370-19, Shinpyung-dong, Saha-gu, Busan, KOR, 604-030

Website

http://www.kcip.co.kr

Korea Cast Iron Pipe Co Ltd is engaged in manufacturing of cast iron pipes, mild steel pipes, and valves used in providing water services.

Korea Cast Iron Pipe Co (XKRX:000970) Headlines

No Headlines