Yuanta Securities Korea Co (XKRX:003470) LT-Debt-to-Total-Asset : 0.14 (As of Sep. 2024)

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What is Yuanta Securities Korea 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. Yuanta Securities Korea Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.14.

Yuanta Securities Korea Co's long-term debt to total assets ratio declined from Sep. 2023 (0.16) to Sep. 2024 (0.14). It may suggest that Yuanta Securities Korea Co is progressively becoming less dependent on debt to grow their business.

Yuanta Securities Korea Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yuanta Securities Korea 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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Yuanta Securities Korea Co LT-Debt-to-Total-Asset Chart

Yuanta Securities Korea Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.15

0.17

0.15

0.13

Yuanta Securities Korea 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															0.16	0.13	0.16	0.13	0.14

Yuanta Securities Korea Co LT-Debt-to-Total-Asset Calculation

Yuanta Securities Korea 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 )
	=	2200040.841	/	16461846.69
	=	0.13

Yuanta Securities Korea 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 )
	=	2259635.319	/	16577333.845
	=	0.14

Yuanta Securities Korea Co (XKRX:003470) 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.

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Yuanta Securities Korea Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Yuanta Securities Korea Co Ltd (XKRX:003470) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

003475:Korea

Address

76 Uljiro (Euljiro 2), Yuanta Securities Korea Building, Jung-gu, Seoul, KOR, 04538

Website

http://www.yuantakorea.com

Yuanta Securities Korea Co Ltd is a financial service provider in the securities sector based in Korea. It operates in Investment banking, Retail business, Wholesale business, and Trading. The company's activities include the provision of financial solutions and investment services such as invitation of capital from China, the introduction of financial products and also stock corporate business, financial products and bonds and futures for domestic investors.

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