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Korchip (XKRX:126730) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)


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What is Korchip 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. Korchip's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

Korchip's long-term debt to total assets ratio increased from Sep. 2023 (0.06) to Dec. 2024 (0.07). It may suggest that Korchip is progressively becoming more dependent on debt to grow their business.


Korchip LT-Debt-to-Total-Asset Historical Data

The historical data trend for Korchip'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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Korchip LT-Debt-to-Total-Asset Chart

Korchip Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.11 0.09 0.02 0.07

Korchip Quarterly Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.02 0.01 0.01 0.07

Korchip LT-Debt-to-Total-Asset Calculation

Korchip'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 )
=4437.078/62000.491
=0.07

Korchip'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 )
=4437.078/62000.491
=0.07

* 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.


Korchip  (XKRX:126730) 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.


Korchip LT-Debt-to-Total-Asset Related Terms

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Korchip Business Description

Traded in Other Exchanges
N/A
Address
359 Manan-ro, Manan-gu, Kochip Building, Gyeonggi-do, Anyang-dong, Anyang-si, KOR
Korchip Corp is a company that manufactures and sells carbon-based small and ultra-small secondary batteries among the carbon-based secondary batteries called supercapacitors. In addition, they sell MLCC (Multilayer Ceramic Capacitors, manufactured by Samsung Electro-Mechanics), known as the rice of the electronics industry.

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