Macrogen (XKRX:038290) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Macrogen 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. Macrogen's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

Macrogen's long-term debt to total assets ratio declined from Dec. 2023 (0.12) to Dec. 2024 (0.07). It may suggest that Macrogen is progressively becoming less dependent on debt to grow their business.

Macrogen LT-Debt-to-Total-Asset Historical Data

The historical data trend for Macrogen'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.

Macrogen LT-Debt-to-Total-Asset Chart

Macrogen Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.08

0.01

0.11

0.12

0.07

Macrogen 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															0.12	0.11	0.03	0.03	0.07

Macrogen LT-Debt-to-Total-Asset Calculation

Macrogen'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 )
	=	22518.582	/	329660.012
	=	0.07

Macrogen'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 )
	=	22518.582	/	329660.012
	=	0.07

Macrogen (XKRX:038290) 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.

Macrogen LT-Debt-to-Total-Asset Related Terms

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

Macrogen Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Macrogen Inc (XKRX:038290) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cherry Blossom-ro, 10th Floor, Gasan-dong, World Meridien 1st, Seoul, KOR

Website

https://www.macrogen.com

Macrogen Inc provides DNA sequencing and genome research services. Its business divisions are sequencing, oligo, microarray, mouse, and bioinformatics. The firm's products and services include DNA, Chip and Genetic Medicine products and Database construction, Genome Research and Bioinformatics analysis system consulting services.

Macrogen Headlines

No Headlines