Hanchang Industry Co (XKRX:079170) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is Hanchang Industry 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. Hanchang Industry Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

Hanchang Industry Co's long-term debt to total assets ratio declined from Dec. 2023 (0.04) to Dec. 2024 (0.00). It may suggest that Hanchang Industry Co is progressively becoming less dependent on debt to grow their business.

Hanchang Industry Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hanchang Industry 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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Hanchang Industry Co LT-Debt-to-Total-Asset Chart

Hanchang Industry Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.05

0.06

0.04

Hanchang Industry Co 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															0.04	0.03	0.03	-	-

Hanchang Industry Co LT-Debt-to-Total-Asset Calculation

Hanchang Industry Co'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 )
	=	0	/	86800.08
	=	0.00

Hanchang Industry Co'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 )
	=	0	/	86800.08
	=	0.00

Hanchang Industry Co (XKRX:079170) 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.

Hanchang Industry Co LT-Debt-to-Total-Asset Related Terms

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Hanchang Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hanchang Industry Co Ltd (XKRX:079170) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

227-14, Amsogogae-ro, Yanggam-myeon, Gyeonggi-do, Hwaseong-si, KOR, 18635

Website

http://www.hanchem.com

Hanchang Industry Co Ltd operates as a functional material company in South Korea. It produces HCX13Li, a lithium molecular sieve for oxygen generation; and lithium bromide, which is used as a water absorbent for absorption chillers/heater systems. The company also offers energy materials, including the electrolyte for Zn-Br flow battery among other products.

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