Asia Paper Mfg Co (XKRX:002310) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

View and export this data going back to 1988. Start your Free Trial

What is Asia Paper Mfg 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. Asia Paper Mfg Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Asia Paper Mfg Co's long-term debt to total assets ratio declined from Sep. 2023 (0.01) to Sep. 2024 (0.01). It may suggest that Asia Paper Mfg Co is progressively becoming less dependent on debt to grow their business.

Asia Paper Mfg Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asia Paper Mfg 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.

Asia Paper Mfg Co LT-Debt-to-Total-Asset Chart

Asia Paper Mfg Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.11

0.08

0.04

0.02

0.01

Asia Paper Mfg Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	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	0.01	0.01

Asia Paper Mfg Co LT-Debt-to-Total-Asset Calculation

Asia Paper Mfg 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 )
	=	7474.568	/	1048177.765
	=	0.01

Asia Paper Mfg Co'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 )
	=	5345.289	/	1043337.026
	=	0.01

Asia Paper Mfg Co (XKRX:002310) 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.

Asia Paper Mfg Co LT-Debt-to-Total-Asset Related Terms

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

Asia Paper Mfg Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Asia Paper Mfg Co Ltd (XKRX:002310) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

726 Yoksam Dong, Asia Tower, Kangnam-Ku, Seoul, KOR, 135-921

Website

http://www.asiapaper.co.kr

Asia Paper Mfg Co Ltd is a Korea based paper making company. It is engaged in the manufacturing and marketing of corrugated cardboard used for packaging. The products offered by the company includes test linerboard, gypsum linerboard and kraft paper.

Asia Paper Mfg Co Headlines

No Headlines