Device Co (XKRX:187870) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Device 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. Device Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Device Co's long-term debt to total assets ratio increased from Dec. 2023 (0.06) to Dec. 2024 (0.08). It may suggest that Device Co is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Device 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.

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

Device Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.08

0.09

0.06

0.08

Device 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															0.06	0.06	0.09	0.09	0.08

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

Device 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 )
	=	16500	/	203868.139
	=	0.08

Device 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 )
	=	16500	/	203868.139
	=	0.08

Device Co (XKRX:187870) 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.

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

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

Device Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Device Co Ltd (XKRX:187870) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

169, Eumbong-myeon, Chungcheongnam-do, Asan, KOR, 336-864

Website

http://www.deviceeng.co.kr

DeviceENG Co Ltd is a Korean company engaged in the business of manufacturing and selling automatic control system of high value-added Semiconductor (Auto FOUP Cleaner,POD Cleaner, Wet Station),Display(Mask Cleaner, PFC Cleaner, Spin Coeter), Material Parts(Filter, Film) to domestic and overseas Semiconductor and LCD manufacturers.

Device Co Headlines

No Headlines