QuantaMatrix (XKRX:317690) LT-Debt-to-Total-Asset : 0.59 (As of Dec. 2024)

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What is QuantaMatrix 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. QuantaMatrix's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.59.

QuantaMatrix's long-term debt to total assets ratio increased from Dec. 2023 (0.02) to Dec. 2024 (0.59). It may suggest that QuantaMatrix is progressively becoming more dependent on debt to grow their business.

QuantaMatrix LT-Debt-to-Total-Asset Historical Data

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

QuantaMatrix Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.59

QuantaMatrix 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															0.02	0.03	0.02	0.02	0.59

QuantaMatrix LT-Debt-to-Total-Asset Calculation

QuantaMatrix'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 )
	=	15929.907	/	26826.503
	=	0.59

QuantaMatrix'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 )
	=	15929.907	/	26826.503
	=	0.59

QuantaMatrix (XKRX:317690) 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.

QuantaMatrix LT-Debt-to-Total-Asset Related Terms

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QuantaMatrix Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » QuantaMatrix Inc (XKRX:317690) » Definitions » LT-Debt-to-Total-Asset

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Address

131, Gasan digital 1-ro, Geumcheon-gu, 16th floor, Bidong (Gasan-dong, BYC High City), Seoul, KOR, 08506

Website

https://www.quantamatrix.com

QuantaMatrix Inc is engaged in research and development, production, and sales of in vitro diagnostic (IVD) medical devices that utilize substances collected from the human body, such as blood, feces, body fluids, and saliva, for the purpose of disease prevention and diagnosis, prognosis prediction, and assessment of health status and treatment effectiveness, targeting domestic and foreign general hospitals and testing contract institutions.

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