Shinhan 11th Special Purpose Acquisition Company Co (XKRX:452980) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2024)

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What is Shinhan 11th Special Purpose Acquisition Company 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. Shinhan 11th Special Purpose Acquisition Company Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.10.

Shinhan 11th Special Purpose Acquisition Company Co's long-term debt to total assets ratio increased from Dec. 2023 (0.10) to Dec. 2024 (0.10). It may suggest that Shinhan 11th Special Purpose Acquisition Company Co is progressively becoming more dependent on debt to grow their business.

Shinhan 11th Special Purpose Acquisition Company Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shinhan 11th Special Purpose Acquisition Company 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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Shinhan 11th Special Purpose Acquisition Company Co LT-Debt-to-Total-Asset Chart

Shinhan 11th Special Purpose Acquisition Company Co Annual Data

Trend

Dec23

Dec24

LT-Debt-to-Total-Asset

0.10

Shinhan 11th Special Purpose Acquisition Company Co Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.10	0.10	0.10	0.10	0.10

Shinhan 11th Special Purpose Acquisition Company Co LT-Debt-to-Total-Asset Calculation

Shinhan 11th Special Purpose Acquisition Company Co'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 )
	=	4443.825	/	42964.473
	=

Shinhan 11th Special Purpose Acquisition Company Co'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 )
	=	4443.825	/	42964.473
	=

Shinhan 11th Special Purpose Acquisition Company Co (XKRX:452980) 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.

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Shinhan 11th Special Purpose Acquisition Company Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Shinhan 11th Special Purpose Acquisition Company Co Ltd (XKRX:452980) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

70 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR

Website

Shinhan 11th Special Purpose Acquisition Company Co Ltd is a special purpose acquisition company.

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