MiraeN Edupartner Co (XKRX:208890) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2024)

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What is MiraeN Edupartner 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. MiraeN Edupartner Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.09.

MiraeN Edupartner Co's long-term debt to total assets ratio increased from Dec. 2022 (0.04) to Dec. 2024 (0.09). It may suggest that MiraeN Edupartner Co is progressively becoming more dependent on debt to grow their business.

MiraeN Edupartner Co LT-Debt-to-Total-Asset Historical Data

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

MiraeN Edupartner Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.04

0.01

0.09

MiraeN Edupartner Co Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.03	0.03	0.04	0.01	0.09

MiraeN Edupartner Co LT-Debt-to-Total-Asset Calculation

MiraeN Edupartner 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 )
	=	865.067	/	9249.145
	=	0.09

MiraeN Edupartner 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 )
	=	865.067	/	9249.145
	=	0.09

MiraeN Edupartner Co (XKRX:208890) 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.

MiraeN Edupartner Co LT-Debt-to-Total-Asset Related Terms

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MiraeN Edupartner Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » MiraeN Edupartner Co Ltd (XKRX:208890) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

125, Yanghwa Road, 8th Floor, Seogyo-dong, Gyeongnam Tourist Building, Mapo-gu, Ansan-si, KOR

Website

http://www.edupartner.co.kr

MiraeN Edupartner Co Ltd, formerly Edupartner Co Ltd is engaged in the provision of elementary and secondary education services. The company also offers after school services like computer classes and english classes.

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