DL E&C Co (XKRX:375500) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2024)

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What is DL E&C 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. DL E&C Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.07.

DL E&C Co's long-term debt to total assets ratio declined from Mar. 2023 (0.10) to Mar. 2024 (0.07). It may suggest that DL E&C Co is progressively becoming less dependent on debt to grow their business.

DL E&C Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for DL E&C 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.

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DL E&C Co LT-Debt-to-Total-Asset Chart

DL E&C Co Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.11

0.10

0.07

DL E&C Co Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.10	0.07	0.06	0.07	0.07

DL E&C Co LT-Debt-to-Total-Asset Calculation

DL E&C 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 )
	=	687276.076	/	9344058.758
	=	0.07

DL E&C Co'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 )
	=	682252.399	/	9581697.188
	=	0.07

DL E&C Co (XKRX:375500) 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.

DL E&C Co LT-Debt-to-Total-Asset Related Terms

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DL E&C Co (XKRX:375500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » DL E&C Co Ltd (XKRX:375500) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

37550L.PFD:Korea 37550K:Korea

Address

134 Tongil-ro, Jongno-gu, Donuimun, Center Point D Tower, Seoul, KOR, 03181

Website

http://www.dlenc.co.kr

DL E&C Co Ltd is a construction company in the Engineering, Procurement, and Construction sector. The services provided by the company include Plant Works, Civil Works, Building Works, and Housing Works.

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