Dongwon Systems (XKRX:014820) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2023)

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What is Dongwon Systems 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. Dongwon Systems's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

Dongwon Systems's long-term debt to total assets ratio declined from Dec. 2022 (0.19) to Dec. 2023 (0.12). It may suggest that Dongwon Systems is progressively becoming less dependent on debt to grow their business.

Dongwon Systems LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dongwon Systems'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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Dongwon Systems LT-Debt-to-Total-Asset Chart

Dongwon Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.29

0.12

0.19

0.12

Dongwon Systems 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															0.19	0.19	0.18	0.16	0.12

Dongwon Systems LT-Debt-to-Total-Asset Calculation

Dongwon Systems'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 )
	=	182807.425	/	1535857.78
	=	0.12

Dongwon Systems'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 )
	=	182807.425	/	1535857.78
	=	0.12

Dongwon Systems (XKRX:014820) 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.

Dongwon Systems LT-Debt-to-Total-Asset Related Terms

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Dongwon Systems (XKRX:014820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Dongwon Systems Corp (XKRX:014820) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

014825:Korea

Address

68, Mabang-ro, Dongwon Industrial Building, Seocho-gu, Seoul, KOR, 430-030

Website

https://www.dongwonsystems.com

Dongwon Systems Corp is engaged in the business of packaging. Its categories include soft packing; glass bottle; PET bottle; aluminum can; steel cans; paper box; industrial film; sanitary film and others.

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