CNH Co (XKRX:023460) LT-Debt-to-Total-Asset : 0.65 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is CNH 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. CNH Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.65.

CNH Co's long-term debt to total assets ratio declined from Mar. 2023 (0.67) to Mar. 2024 (0.65). It may suggest that CNH Co is progressively becoming less dependent on debt to grow their business.

CNH Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for CNH 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.

CNH Co LT-Debt-to-Total-Asset Chart

CNH 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

0.49

0.46

0.60

0.68

0.69

CNH 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															0.67	0.67	0.68	0.69	0.65

CNH Co LT-Debt-to-Total-Asset Calculation

CNH 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 )
	=	314879.209	/	457594.96
	=	0.69

CNH 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 )
	=	246489.303	/	380213.521
	=	0.65

CNH Co (XKRX:023460) 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.

CNH Co LT-Debt-to-Total-Asset Related Terms

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

CNH Co (XKRX:023460) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » CNH Co Ltd (XKRX:023460) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

9th Floor Golden Tower, 144-17 Samsung-dong, Gangnam-su, Seoul, Gyeonggi, KOR, 420-816

Website

http://www.cnhcap.co.kr

CNH Co Ltd is a holding company engaged in providing auto leasing services. It offers working capital loans, and new technology business finance and installment finance services; urban housing loan products; and car rental services. The company is also engaged in the real estate development business, including home construction, as well as property management activities; and bakery and franchise business among others.

CNH Co (XKRX:023460) Headlines

No Headlines