HD Hyundai (XKRX:267250) LT-Debt-to-Total-Asset : 0.18 (As of Mar. 2024)

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

What is HD Hyundai 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. HD Hyundai's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.18.

HD Hyundai's long-term debt to total assets ratio declined from Mar. 2023 (0.20) to Mar. 2024 (0.18). It may suggest that HD Hyundai is progressively becoming less dependent on debt to grow their business.

HD Hyundai LT-Debt-to-Total-Asset Historical Data

The historical data trend for HD Hyundai'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.

HD Hyundai LT-Debt-to-Total-Asset Chart

HD Hyundai Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.20

0.32

0.30

0.20

HD Hyundai Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.21	0.19	0.20	0.18

HD Hyundai LT-Debt-to-Total-Asset Calculation

HD Hyundai'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 )
	=	13238076.77	/	67982820.888
	=	0.19

HD Hyundai's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	12742696.55	/	69793249.006
	=	0.18

HD Hyundai (XKRX:267250) 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.

HD Hyundai LT-Debt-to-Total-Asset Related Terms

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

HD Hyundai (XKRX:267250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HD Hyundai (XKRX:267250) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

477, Bundangsuseo-ro, Bundang-gu, Gyeonggi-do, Gyeonggi-do, Seongnam-si, KOR

Website

http://www.hd-hyundai.com

HD Hyundai is engaged in shipbuilding, heavy equipment, machine, and petroleum business. The group has six reportable segments which include shipbuilding and offshore, Oil refining, Electrical electronics, Construction equipment, Ship maintenance service, and others. The Oil refining segment generates the majority of its revenue which is engaged in the Oil refining business.

HD Hyundai (XKRX:267250) Headlines

No Headlines