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Koramco Life Infra REIT (XKRX:357120) LT-Debt-to-Total-Asset : 0.55 (As of Aug. 2023)


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What is Koramco Life Infra REIT 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. Koramco Life Infra REIT's long-term debt to total assests ratio for the quarter that ended in Aug. 2023 was 0.55.

Koramco Life Infra REIT's long-term debt to total assets ratio declined from Aug. 2022 (0.56) to Aug. 2023 (0.55). It may suggest that Koramco Life Infra REIT is progressively becoming less dependent on debt to grow their business.


Koramco Life Infra REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Koramco Life Infra REIT'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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Koramco Life Infra REIT LT-Debt-to-Total-Asset Chart

Koramco Life Infra REIT Annual Data
Trend Nov20 May21 May22 May23
LT-Debt-to-Total-Asset
0.56 0.56 0.54 0.55

Koramco Life Infra REIT Semi-Annual Data
Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.54 0.54 0.56 0.56 0.55

Koramco Life Infra REIT LT-Debt-to-Total-Asset Calculation

Koramco Life Infra REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

LT Debt to Total Assets (A: May. 2023 )=Long-Term Debt & Capital Lease Obligation (A: May. 2023 )/Total Assets (A: May. 2023 )
=693384.906/1257639.868
=0.55

Koramco Life Infra REIT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (Q: Aug. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Aug. 2023 )/Total Assets (Q: Aug. 2023 )
=693642.862/1252324.192
=0.55

* 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.


Koramco Life Infra REIT  (XKRX:357120) 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.


Koramco Life Infra REIT LT-Debt-to-Total-Asset Related Terms

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Koramco Life Infra REIT Business Description

Traded in Other Exchanges
N/A
Address
511 Samseong-ro, Golden Tower 4th Floor, Gangnam-gu, Seoul, KOR, 06158
Koramco Life Infra REIT Formerly Koramco Energy Plus REIT provides real estate services.

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