Dongsung Pharmaceutical Co (XKRX:002210) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2023)

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What is Dongsung Pharmaceutical 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. Dongsung Pharmaceutical Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.16.

Dongsung Pharmaceutical Co's long-term debt to total assets ratio increased from Dec. 2022 (0.07) to Dec. 2023 (0.16). It may suggest that Dongsung Pharmaceutical Co is progressively becoming more dependent on debt to grow their business.

Dongsung Pharmaceutical Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dongsung Pharmaceutical 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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Dongsung Pharmaceutical Co LT-Debt-to-Total-Asset Chart

Dongsung Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.09

0.10

0.09

0.07

0.16

Dongsung Pharmaceutical Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.07	0.15	0.16

Dongsung Pharmaceutical Co LT-Debt-to-Total-Asset Calculation

Dongsung Pharmaceutical 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 )
	=	18540.27	/	114973.284
	=	0.16

Dongsung Pharmaceutical 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 )
	=	18540.27	/	114973.284
	=	0.16

Dongsung Pharmaceutical Co (XKRX:002210) 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.

Dongsung Pharmaceutical Co LT-Debt-to-Total-Asset Related Terms

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Dongsung Pharmaceutical Co (XKRX:002210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Dongsung Pharmaceutical Co Ltd (XKRX:002210) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Dobong 683, Seoul, KOR, 132-020

Website

http://www.dongsung-pharm.co.kr

Dongsung Pharmaceutical Co Ltd is a South Korea based company engages in the manufacture and distribution of hair dyes, cosmetics and pharmaceutical products.

Dongsung Pharmaceutical Co (XKRX:002210) Headlines

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