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LMS Co (XKRX:073110) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)


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What is LMS 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. LMS Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

LMS Co's long-term debt to total assets ratio declined from Mar. 2023 (0.11) to Mar. 2024 (0.09). It may suggest that LMS Co is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for LMS 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.

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

LMS 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 Premium Member Only Premium Member Only 0.08 0.09 0.10 0.11 0.09

LMS 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.08 0.11 0.09 0.09

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

LMS 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 )
=14148.83/157063.02
=0.09

LMS 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 )
=14057.663/161461.945
=0.09

* 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.


LMS Co  (XKRX:073110) 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.


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

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LMS Co (XKRX:073110) Business Description

Traded in Other Exchanges
N/A
Address
340-6, Cheongho-ri, Jinwi-myeon, Pyeongtaek-si, Gyeonggi, KOR, 451-862
LMS Co Ltd is a South Korean company operating in the electronic components industry. The company is engaged in the manufacturing of photographic equipments and optical equipments.

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