HANIL FEED Co (XKRX:005860) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

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What is HANIL FEED 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. HANIL FEED Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

HANIL FEED Co's long-term debt to total assets ratio declined from Dec. 2022 (0.03) to Dec. 2023 (0.02). It may suggest that HANIL FEED Co is progressively becoming less dependent on debt to grow their business.

HANIL FEED Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for HANIL FEED 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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HANIL FEED Co LT-Debt-to-Total-Asset Chart

HANIL FEED Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.02

0.03

0.02

HANIL FEED 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															0.03	0.02	0.02	0.02	0.02

HANIL FEED Co LT-Debt-to-Total-Asset Calculation

HANIL FEED 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 )
	=	4083.42	/	241515.9
	=	0.02

HANIL FEED 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 )
	=	4083.42	/	241515.9
	=	0.02

HANIL FEED Co (XKRX:005860) 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.

HANIL FEED Co LT-Debt-to-Total-Asset Related Terms

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HANIL FEED Co (XKRX:005860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HANIL FEED Co Ltd (XKRX:005860) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

l 213 Hagal-Dong, keehung-Gu, Yongin-Si, Kyonggi, KOR, 449-900

Website

http://www.hanilfeed.com

HANIL FEED Co Ltd operates in the packaged foods industry in South Korea. The company is engaged in the manufacturing of livestock feeds and animal feeds. The products of the company are shelled corn, corn mix, and green CF.

HANIL FEED Co (XKRX:005860) Headlines

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