Korea Electric Terminal Co (XKRX:025540) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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What is Korea Electric Terminal 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. Korea Electric Terminal Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

Korea Electric Terminal Co's long-term debt to total assets ratio declined from Dec. 2023 (0.03) to Dec. 2024 (0.02). It may suggest that Korea Electric Terminal Co is progressively becoming less dependent on debt to grow their business.

Korea Electric Terminal Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Korea Electric Terminal 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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Korea Electric Terminal Co LT-Debt-to-Total-Asset Chart

Korea Electric Terminal Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

0.03

0.02

0.03

0.02

Korea Electric Terminal Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.02	0.02	0.02	0.02

Korea Electric Terminal Co LT-Debt-to-Total-Asset Calculation

Korea Electric Terminal Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	25419.892	/	1564250.855
	=	0.02

Korea Electric Terminal Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	25419.892	/	1564250.855
	=	0.02

Korea Electric Terminal Co (XKRX:025540) 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.

Korea Electric Terminal Co LT-Debt-to-Total-Asset Related Terms

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Korea Electric Terminal Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Korea Electric Terminal Co Ltd (XKRX:025540) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

7-38, Yeonsu-gu, Incheon, KOR, 406-840

Website

http://www.ket.com

Korea Electric Terminal Co Ltd is a part of the electronic goods industry. The company engages in manufacturing connectors, which are an essential part of various electronic appliances. Its products are used in automobiles, light-emitting diodes, and other electronic products. Its products include automotive connectors for electrical systems in the automobile, connectors used for home appliances and LED frames. The product portfolio includes PCB connector, Joint connector, Terminal, Lighting connector, Mobile connector, Airbag sensor, LVDS connector, and others.

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