Samsung Card Co (XKRX:029780) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Samsung Card 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. Samsung Card Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Samsung Card Co's long-term debt to total assets ratio declined from Mar. 2023 (0.63) to Mar. 2024 (0.00). It may suggest that Samsung Card Co is progressively becoming less dependent on debt to grow their business.

Samsung Card Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Samsung Card 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.

Samsung Card Co LT-Debt-to-Total-Asset Chart

Samsung Card 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

0.58

0.61

0.63

0.61

Samsung Card 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															0.63	0.62	0.60	0.61	-

Samsung Card Co LT-Debt-to-Total-Asset Calculation

Samsung Card 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 )
	=	17619788.059	/	28806533.713
	=	0.61

Samsung Card 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 )
	=	0	/	28473424.876
	=

Samsung Card Co (XKRX:029780) 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.

Samsung Card Co LT-Debt-to-Total-Asset Related Terms

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

Samsung Card Co (XKRX:029780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Samsung Card Co Ltd (XKRX:029780) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

67, Sejong-daero, Jung-gu, Seoul, KOR, 110-754

Website

http://www.samsungcard.co.kr

Samsung Card Co Ltd is a specialized credit finance company. The company provides credit card service, lease service, loan service, financial product sales service and on-line shopping service in Korea. Its business operations are divided into three segments: Card Business, Installment Business, and Other. The company utilizes the strong brand recognition of doing business. Also, the company is working on a platform business that utilizes open innovation and big data with various heterogeneous industries.

Samsung Card Co (XKRX:029780) Headlines

No Headlines