SAMPYO Cement Co (XKRX:038500) LT-Debt-to-Total-Asset : 0.22 (As of Mar. 2024)

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What is SAMPYO Cement 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. SAMPYO Cement Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.22.

SAMPYO Cement Co's long-term debt to total assets ratio declined from Mar. 2023 (0.27) to Mar. 2024 (0.22). It may suggest that SAMPYO Cement Co is progressively becoming less dependent on debt to grow their business.

SAMPYO Cement Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for SAMPYO Cement 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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SAMPYO Cement Co LT-Debt-to-Total-Asset Chart

SAMPYO Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.27

0.24

0.29

0.24

SAMPYO Cement 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															0.27	0.27	0.24	0.24	0.22

SAMPYO Cement Co LT-Debt-to-Total-Asset Calculation

SAMPYO Cement 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 )
	=	359494.655	/	1520485.305
	=	0.24

SAMPYO Cement 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 )
	=	332316.172	/	1486307.773
	=	0.22

SAMPYO Cement Co (XKRX:038500) 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.

SAMPYO Cement Co LT-Debt-to-Total-Asset Related Terms

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SAMPYO Cement Co (XKRX:038500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » SAMPYO Cement Co Ltd (XKRX:038500) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

tongyanggil 20, Samcheok-si, Gangwon Province, Seoul, KOR, 245-150

Website

http://www.sampyocement.co.kr

SAMPYO Cement Co Ltd manufactures and distributes cement and related products. Its product portfolio includes portland cement, crude portland cement, low heat portland cement, blast furnace slag cement and special products. The products are exported to regions such as Japan, the USA, and Africa. SAMPYO Cement has also an efficient nationwide network of distribution terminals.

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