GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Suppro Co Ltd (XKRX:185190) » Definitions » LT-Debt-to-Total-Asset

Suppro Co (XKRX:185190) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Suppro 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. Suppro Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.03.

Suppro Co's long-term debt to total assets ratio declined from Mar. 2021 (0.04) to Mar. 2023 (0.03). It may suggest that Suppro Co is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for Suppro 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.

* Premium members only.

Suppro Co LT-Debt-to-Total-Asset Chart

Suppro Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
0.12 0.03 0.04 0.02 0.03

Suppro Co Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset 0.12 0.03 0.04 0.02 0.03

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

Suppro Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )/Total Assets (A: Mar. 2023 )
=286.333/10819.888
=0.03

Suppro Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )/Total Assets (Q: Mar. 2023 )
=286.333/10819.888
=0.03

* 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.


Suppro Co  (XKRX:185190) 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.


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

Thank you for viewing the detailed overview of Suppro Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Suppro Co (XKRX:185190) Business Description

Traded in Other Exchanges
N/A
Address
27 Gangnam-daero, Seocho-gu, Seoul, CHN
Website
Suppro Co Ltd is engaged in tree distribution, afforestation and gardening production. It also undertakes domestic ecological restoration project, global ecological restoration project and agro park project.

Suppro Co (XKRX:185190) Headlines

No Headlines