Paper Corea (XKRX:001020) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2024)

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What is Paper Corea 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. Paper Corea's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.11.

Paper Corea's long-term debt to total assets ratio declined from Dec. 2023 (0.14) to Dec. 2024 (0.11). It may suggest that Paper Corea is progressively becoming less dependent on debt to grow their business.

Paper Corea LT-Debt-to-Total-Asset Historical Data

The historical data trend for Paper Corea'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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Paper Corea LT-Debt-to-Total-Asset Chart

Paper Corea Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.34

0.48

0.03

0.14

0.11

Paper Corea Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.13	0.19	0.19	0.11

Paper Corea LT-Debt-to-Total-Asset Calculation

Paper Corea's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	53462.847	/	490046.182
	=	0.11

Paper Corea's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	53462.847	/	490046.182
	=	0.11

Paper Corea (XKRX:001020) 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.

Paper Corea LT-Debt-to-Total-Asset Related Terms

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Paper Corea Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Paper Corea Inc (XKRX:001020) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

1245 Oehang-ro, Jeonbuk-do, Gunsan-si, KOR, 54003

Website

http://web.papercorea.co.kr

Paper Corea Inc manufactures and sells paper products in South Korea. It offers paper for newsprints, which are used by newsprint companies and government offices; for telephone directories, comic books, publication, and various printed materials; and for printing assorted advertisement. The company also provides industrial papers, such as sack kraft papers for use in heavyweight and lightweight packaging; environmentally friendly products that are used for shopping bags, document envelopes and specialty papers used for tape base paper, transfer paper, steel process paper.

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