Sung Moon Electronics Co (XKRX:014910) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is Sung Moon Electronics 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. Sung Moon Electronics Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Sung Moon Electronics Co's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.04). It may suggest that Sung Moon Electronics Co is progressively becoming more dependent on debt to grow their business.

Sung Moon Electronics Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sung Moon Electronics 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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Sung Moon Electronics Co LT-Debt-to-Total-Asset Chart

Sung Moon Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.03

0.14

0.01

0.03

Sung Moon Electronics Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	0.03	0.04

Sung Moon Electronics Co LT-Debt-to-Total-Asset Calculation

Sung Moon Electronics 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 )
	=	2000	/	60912.72
	=	0.03

Sung Moon Electronics Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	2350	/	59462.332
	=	0.04

Sung Moon Electronics Co (XKRX:014910) 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.

Sung Moon Electronics Co LT-Debt-to-Total-Asset Related Terms

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Sung Moon Electronics Co (XKRX:014910) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sung Moon Electronics Co Ltd (XKRX:014910) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

014915:Korea

Address

539-4 Segyo-Dong, Pyeongtaek, Gyeonggi-Do, KOR, 450-818

Website

http://www.smec-korea.co.kr

Sung Moon Electronics Co Ltd is a South Korean company engaged in manufacture of electronic capacitors and metallized film for capacitor use. The products of the company include aluminium metallized on PP films and PET films.

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