SK REIT Co (XKRX:395400) LT-Debt-to-Total-Asset : 0.24 (As of Jun. 2024)

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

What is SK REIT 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. SK REIT Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.24.

SK REIT Co's long-term debt to total assets ratio declined from Jun. 2022 (0.50) to Jun. 2024 (0.24). It may suggest that SK REIT Co is progressively becoming less dependent on debt to grow their business.

SK REIT Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for SK REIT 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.

SK REIT Co LT-Debt-to-Total-Asset Chart

SK REIT Co Annual Data

Trend

Jun21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.56

0.44

0.30

SK REIT Co Semi-Annual Data
	Jun21	Jun22	Jun23	Jun24
LT-Debt-to-Total-Asset	-	0.50	0.48	0.24

SK REIT Co LT-Debt-to-Total-Asset Calculation

SK REIT Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	1270665.379	/	4301502.141
	=	0.30

SK REIT Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	1062808.421	/	4422943.409
	=	0.24

SK REIT Co (XKRX:395400) 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.

SK REIT Co LT-Debt-to-Total-Asset Related Terms

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

SK REIT Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SK REIT Co Ltd (XKRX:395400) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

136 Sejong-daero, 15th Floor, Taepyeong-ro 1-ga, Finance Building, Jung-gu, Seoul, KOR

Website

http://www.skreit.co.kr

SK REIT Co Ltd operates as a Real Estate Investment Trust. Its assets investment comprises of SK Seorin Building which is an integrated office building and SK gas station assets comprising its land and building.

SK REIT Co Headlines

No Headlines