Kornic Automation Co (XKRX:391710) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Kornic Automation 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. Kornic Automation Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Kornic Automation Co's long-term debt to total assets ratio declined from Mar. 2023 (0.03) to Mar. 2024 (0.00). It may suggest that Kornic Automation Co is progressively becoming less dependent on debt to grow their business.

Kornic Automation Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kornic Automation 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.

* Premium members only.

Kornic Automation Co LT-Debt-to-Total-Asset Chart

Kornic Automation Co Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.10

0.04

0.01

Kornic Automation Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.03	0.02	0.02	0.01	-

Kornic Automation Co LT-Debt-to-Total-Asset Calculation

Kornic Automation 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 )
	=	587.803	/	42645.459
	=	0.01

Kornic Automation 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 )
	=	0	/	66851.582
	=	0.00

Kornic Automation Co (XKRX:391710) 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.

Kornic Automation Co LT-Debt-to-Total-Asset Related Terms

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

Kornic Automation Co (XKRX:391710) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Kornic Automation Co Ltd (XKRX:391710) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

23-12, Dongtan Sandan 9-gil, 8th Floor, Gyeonggido, Hwaseong-si, KOR

Website

http://www.kornic.co.kr

Kornic Automation Co Ltd is engaged in providing localized software for Semiconductor and Display equipment control solutions.

Kornic Automation Co (XKRX:391710) Headlines

No Headlines