Soosung Webtoon Co (XKRX:084180) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Soosung Webtoon 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. Soosung Webtoon Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

Soosung Webtoon Co's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.06). It may suggest that Soosung Webtoon Co is progressively becoming more dependent on debt to grow their business.

Soosung Webtoon Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Soosung Webtoon 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.

Soosung Webtoon Co LT-Debt-to-Total-Asset Chart

Soosung Webtoon 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

0.20

0.42

0.23

0.01

0.06

Soosung Webtoon 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															0.01	-	0.05	0.06	0.06

Soosung Webtoon Co LT-Debt-to-Total-Asset Calculation

Soosung Webtoon 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 )
	=	8766.82	/	149335.353
	=	0.06

Soosung Webtoon 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 )
	=	9422.595	/	154172.178
	=	0.06

Soosung Webtoon Co (XKRX:084180) 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.

Soosung Webtoon Co LT-Debt-to-Total-Asset Related Terms

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

Soosung Webtoon Co (XKRX:084180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Soosung Webtoon Co Ltd (XKRX:084180) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

46-39, Robot land-ro 249 Beon-gil, Seo-gu, Incheon, KOR

Website

http://www.soosung.com

Soosung Salvacion Co Ltd is a Logistics transportation equipment company in South Korea. It engaged in the manufacturing of lifting and handling equipment. Its product includes Logistics equipment and Custom-made equipment which includes Pallet truck, Transport and tow truck, Lift, Electric forklift, and Stacker.

Soosung Webtoon Co (XKRX:084180) Headlines

No Headlines