Wooyang Co (XKRX:103840) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2024)

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What is Wooyang 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. Wooyang Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.11.

Wooyang Co's long-term debt to total assets ratio declined from Dec. 2023 (0.13) to Dec. 2024 (0.11). It may suggest that Wooyang Co is progressively becoming less dependent on debt to grow their business.

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

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

Wooyang Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.25

0.19

0.21

0.13

0.11

Wooyang 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															0.13	0.11	0.10	0.11	0.11

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

Wooyang 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 )
	=	16398.039	/	151996.119
	=	0.11

Wooyang 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 )
	=	16398.039	/	151996.119
	=	0.11

Wooyang Co (XKRX:103840) 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.

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

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Wooyang Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wooyang Co Ltd (XKRX:103840) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

357, Jangsan-ro, Chungcheongnam-do, Seocheon, KOR

Website

http://www.foodkorea.com

Wooyang Co Ltd is engaged in food manufacturing activities. It manufactures agroforestry products, canned fruit, quasi-prepared foods, and ready-to-eat foods. The company's customers include manufacturing distributors such as CJ CheilJedang and Pulmuone Foods, and food franchise companies such as Starbucks, Idiya, and Hallis. It is specialized in frozen processed foods such as hot dogs and agricultural products. Its business is divided into product import, material processing, and finished product production. The company distributes its products through a franchise, retail, and export.

Wooyang Co Headlines

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