Connectwave Co (XKRX:119860) LT-Debt-to-Total-Asset : 0.19 (As of Jun. 2024)

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What is Connectwave 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. Connectwave Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.19.

Connectwave Co's long-term debt to total assets ratio increased from Jun. 2023 (0.19) to Jun. 2024 (0.19). It may suggest that Connectwave Co is progressively becoming more dependent on debt to grow their business.

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

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

Connectwave Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.18

0.20

Connectwave Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.19	0.19	0.20	0.19	0.19

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

Connectwave 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 )
	=	174043.48	/	887381.372
	=	0.20

Connectwave Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	170120.209	/	879530.101
	=	0.19

Connectwave Co (XKRX:119860) 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.

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

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Connectwave Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Connectwave Co Ltd (XKRX:119860) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

233-1 Mokdongdong-ro, 5th floor, Yangcheon-gu, Seoul, KOR

Website

https://www.connectwave.co.kr

Connectwave Co Ltd formerly Danawa Co Ltd is a South Korea based company engages in the provision of online shopping services. It provides internet shopping price comparison service and also engages in the advertising business and shopping mall business.

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