Korea Asset In Trust Co (XKRX:123890) LT-Debt-to-Total-Asset : 0.32 (As of Sep. 2024)

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What is Korea Asset In Trust 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. Korea Asset In Trust Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.32.

Korea Asset In Trust Co's long-term debt to total assets ratio increased from Sep. 2023 (0.23) to Sep. 2024 (0.32). It may suggest that Korea Asset In Trust Co is progressively becoming more dependent on debt to grow their business.

Korea Asset In Trust Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Korea Asset In Trust 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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Korea Asset In Trust Co LT-Debt-to-Total-Asset Chart

Korea Asset In Trust Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.41

0.30

0.24

0.25

0.22

Korea Asset In Trust 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															0.23	0.22	0.25	0.30	0.32

Korea Asset In Trust Co LT-Debt-to-Total-Asset Calculation

Korea Asset In Trust 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 )
	=	330015.754	/	1480050.024
	=	0.22

Korea Asset In Trust 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 )
	=	528070.821	/	1645267.826
	=	0.32

Korea Asset In Trust Co (XKRX:123890) 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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Korea Asset In Trust Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Korea Asset In Trust Co Ltd (XKRX:123890) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

306 Teheran-ro, Gangnam-gu, Yeoksam-dong, kite Tower, Seoul, KOR

Website

https://www.kait.com

Korea Asset In Trust Co Ltd is a Korea based real estate trust company. It is engaged in providing real estate services, mortgage services, and project finance services. In addition to real estate services the company also conducts asset management of real estate investment companies and asset management of the project finance investment companies.

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