Hyundai Development Co (XKRX:294870) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

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What is Hyundai Development 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. Hyundai Development Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

Hyundai Development Co's long-term debt to total assets ratio increased from Mar. 2023 (0.07) to Mar. 2024 (0.13). It may suggest that Hyundai Development Co is progressively becoming more dependent on debt to grow their business.

Hyundai Development Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hyundai Development 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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Hyundai Development Co LT-Debt-to-Total-Asset Chart

Hyundai Development Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.12

0.09

0.10

0.08

Hyundai Development Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.09	0.08	0.08	0.13

Hyundai Development Co LT-Debt-to-Total-Asset Calculation

Hyundai Development 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 )
	=	561864.546	/	7016268.81
	=	0.08

Hyundai Development 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 )
	=	925825.133	/	7402918.37
	=	0.13

Hyundai Development Co (XKRX:294870) 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.

Hyundai Development Co LT-Debt-to-Total-Asset Related Terms

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Hyundai Development Co (XKRX:294870) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hyundai Development Co (XKRX:294870) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

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Address

55, Hangang-daero 23-gil, 8th, 9th floors, Hyundai IPARK Mall, Yongsan-gu, Seoul, KOR, 04377

Website

http://www.hdc-dvp.com

Hyundai Development Co is a Korean based real estate development and construction company. The firm is engaged in the construction of business specializing in housing, civil engineering, plant and overseas businesses in South Korea. In addition to a variety of construction projects, the company has also developed domestic and overseas civil engineering and plant projects, contributing to economic development.

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