Hanwha Life Insurance Co (XKRX:088350) LT-Debt-to-Total-Asset : 0.07 (As of Sep. 2024)

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What is Hanwha Life Insurance 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. Hanwha Life Insurance Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.07.

Hanwha Life Insurance Co's long-term debt to total assets ratio stayed the same from Sep. 2023 (0.07) to Sep. 2024 (0.07).

Hanwha Life Insurance Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hanwha Life Insurance 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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Hanwha Life Insurance Co LT-Debt-to-Total-Asset Chart

Hanwha Life Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.07

Hanwha Life Insurance Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.08	0.07	0.07

Hanwha Life Insurance Co LT-Debt-to-Total-Asset Calculation

Hanwha Life Insurance 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 )
	=	10982132.758	/	147901842.9
	=	0.07

Hanwha Life Insurance 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 )
	=	11282813.64	/	153435421.485
	=	0.07

Hanwha Life Insurance Co (XKRX:088350) 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.

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Hanwha Life Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hanwha Life Insurance Co Ltd (XKRX:088350) » Definitions » LT-Debt-to-Total-Asset

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Address

50, 63-ro, Yeouido-dong, 63 Hanwha Life Building, Yeongdeungpo-gu, Seoul, KOR

Website

https://www.hanwhalife.com

Hanwha Life Insurance Co Ltd Provides a range of life and non-life insurance solutions to individuals and corporates in Korea. The company's insurance products consist of life insurance, death insurance, life, and death mixed insurance, group insurance, and others. It is also engaged in the provision of retirement pension and asset management services.

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