Kolon Mobility Group (XKRX:450140) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2024)

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What is Kolon Mobility Group 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. Kolon Mobility Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.17.

Kolon Mobility Group's long-term debt to total assets ratio declined from Dec. 2023 (0.28) to Dec. 2024 (0.17). It may suggest that Kolon Mobility Group is progressively becoming less dependent on debt to grow their business.

Kolon Mobility Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kolon Mobility Group'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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Kolon Mobility Group LT-Debt-to-Total-Asset Chart

Kolon Mobility Group Annual Data

Trend

Dec23

Dec24

LT-Debt-to-Total-Asset

0.28

0.17

Kolon Mobility Group Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.28	0.25	0.17	0.19	0.17

Kolon Mobility Group LT-Debt-to-Total-Asset Calculation

Kolon Mobility Group'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 )
	=	163407.798	/	960684.387
	=	0.17

Kolon Mobility Group'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 )
	=	163407.798	/	960684.387
	=	0.17

Kolon Mobility Group (XKRX:450140) 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.

Kolon Mobility Group LT-Debt-to-Total-Asset Related Terms

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Kolon Mobility Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kolon Mobility Group (XKRX:450140) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

45014K:Korea

Address

11, Kolon-ro, 17th Floor, Kolon Tower, Gyeonggi-do, Gwacheon-si, KOR

Website

https://www.kolonmobilitygroup.com

Kolon Mobility Group is engaged in the distribution and sales of imported cars.

Kolon Mobility Group Headlines

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