Seah Steel (XKRX:306200) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

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

Seah Steel's long-term debt to total assets ratio increased from Dec. 2023 (0.05) to Dec. 2024 (0.08). It may suggest that Seah Steel is progressively becoming more dependent on debt to grow their business.

Seah Steel LT-Debt-to-Total-Asset Historical Data

The historical data trend for Seah Steel'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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Seah Steel LT-Debt-to-Total-Asset Chart

Seah Steel Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.15

0.12

0.11

0.05

0.08

Seah Steel 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															0.05	0.05	-	-	0.08

Seah Steel LT-Debt-to-Total-Asset Calculation

Seah Steel'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 )
	=	140689.305	/	1823848.054
	=	0.08

Seah Steel'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 )
	=	140689.305	/	1823848.054
	=	0.08

Seah Steel (XKRX:306200) 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.

Seah Steel LT-Debt-to-Total-Asset Related Terms

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Seah Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Seah Steel Corp (XKRX:306200) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

45, Yanghwa-ro, Mapo-gu, Seah Tower, 25/26/27th Floor, Seoul, KOR, 04036

Website

http://www.seahsteel.co.kr

Seah Steel Corp is a Korean based company operates in the steel sector. The business activity of the group includes manufacturing of steel products such as carbon steel pipe, stainless steel pipe, titanium tube, galvanized color steel sheet and others. These products are used in wide range of areas such as oil refining, nuclear power plants, LNG vessels, marine plants and others. Geographically, the activities are carried out through the region of Korea and it derives revenue through the sale of products.

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