Great Rich Technologies (XKRX:900290) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Great Rich Technologies 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. Great Rich Technologies's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.14.

Great Rich Technologies's long-term debt to total assets ratio declined from Dec. 2023 (0.28) to Dec. 2024 (0.14). It may suggest that Great Rich Technologies is progressively becoming less dependent on debt to grow their business.

Great Rich Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Great Rich Technologies'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.

Great Rich Technologies LT-Debt-to-Total-Asset Chart

Great Rich Technologies Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.13

0.37

0.18

0.29

Great Rich Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.28	0.29	0.29	0.14

Great Rich Technologies LT-Debt-to-Total-Asset Calculation

Great Rich Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	485108.523	/	1691344.697
	=	0.29

Great Rich Technologies'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 )
	=	246643.806	/	1807063.136
	=	0.14

Great Rich Technologies (XKRX:900290) 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.

Great Rich Technologies LT-Debt-to-Total-Asset Related Terms

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

Great Rich Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Great Rich Technologies Ltd (XKRX:900290) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Yin Chong Street, Room 01, 21st Floor, Prosper Commercial Building, Kowloon, Hong Kong, HKG

Website

http://www.grt-tongli.co.kr

Great Rich Technologies Ltd is engaged in developing, manufacturing and marketing Casting Polypropylene and Polyethylene Terephthalate Films for consumer electronics. The company also produces 3D and Blue Light Block films.

Great Rich Technologies Headlines

No Headlines