GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Derkwoo Electronics Co Ltd (XKRX:263600) » Definitions » LT-Debt-to-Total-Asset

Derkwoo Electronics Co (XKRX:263600) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2024)


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

What is Derkwoo Electronics 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. Derkwoo Electronics Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.06.

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


Derkwoo Electronics Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Derkwoo Electronics 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.

Derkwoo Electronics Co LT-Debt-to-Total-Asset Chart

Derkwoo Electronics Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only - 0.13 0.11 - 0.07

Derkwoo Electronics 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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 0.07 0.02 0.12 0.06

Derkwoo Electronics Co LT-Debt-to-Total-Asset Calculation

Derkwoo Electronics 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 )
=13967.416/207069.054
=0.07

Derkwoo Electronics 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 )
=14144.026/219847.753
=0.06

* 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.


Derkwoo Electronics Co  (XKRX:263600) 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.


Derkwoo Electronics Co LT-Debt-to-Total-Asset Related Terms

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


Derkwoo Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
185-26, Cheomdangieop-ro, Sandong-myeon, Gyeongsangbuk-do, Gumi, KOR
Derkwoo Electronics Co Ltd is engaged in the field of mobile, automotive, OLED display and Chemical industry. It offers camera modules for mobile phones; chassis tops and bottoms; middle cabinets for OLED TVs; surface treatment TV stands and automobile tail trims; and chemical products.

Derkwoo Electronics Co Headlines

No Headlines