STO Co (XKRX:098660) LT-Debt-to-Total-Asset : 0.24 (As of Sep. 2024)

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What is STO 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. STO Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.24.

STO Co's long-term debt to total assets ratio increased from Sep. 2023 (0.18) to Sep. 2024 (0.24). It may suggest that STO Co is progressively becoming more dependent on debt to grow their business.

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

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

STO Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.16

0.08

0.21

STO 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															0.18	0.21	0.20	0.20	0.24

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

STO 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 )
	=	14324.473	/	67797.202
	=	0.21

STO 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 )
	=	19016.4	/	80040.924
	=	0.24

STO Co (XKRX:098660) 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.

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

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STO Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » STO Co Ltd (XKRX:098660) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yangcheon-ro, 583 Woorim Blue Nine B, 15th Floor, Gangseo-gu, Seoul, KOR, 07547

Website

http://www.thesto.kr

STO Co Ltd is a Korea based company engaged in offering men's clothing. It provides shirts, jackets, ties, and other men clothing products. The company operates under the brand of STCO, Diems, Codi gallery and Zero lounge. The organization has a business a presence in Korea and other countries.

STO Co Headlines

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