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Kweather Co (XKRX:068100) LT-Debt-to-Total-Asset : 0.15 (As of Sep. 2024)


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What is Kweather 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. Kweather Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.15.

Kweather Co's long-term debt to total assets ratio declined from Sep. 2023 (0.21) to Sep. 2024 (0.15). It may suggest that Kweather Co is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for Kweather 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.

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

Kweather Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.23 0.27 0.22 0.21

Kweather Co Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.21 0.21 0.15 0.15 0.15

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

Kweather 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 )
=3030.598/14781.46
=0.21

Kweather Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=2640.932/17504.848
=0.15

* 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.


Kweather Co  (XKRX:068100) 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.


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

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Kweather Co Business Description

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Traded in Other Exchanges
N/A
Address
5, Digital-ro 26-gil, Guro-gu, Ace High-end Tower 1st 401, Seoul, KOR, 08389
Kweather Co Ltd is engaged in the business of manufacturing and selling air measurement solutions, air improvement solutions, and weather, air data services.

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