RP Bio lnc (XKRX:314140) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is RP Bio lnc 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. RP Bio lnc's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

RP Bio lnc's long-term debt to total assets ratio increased from Mar. 2023 (0.02) to Mar. 2024 (0.03). It may suggest that RP Bio lnc is progressively becoming more dependent on debt to grow their business.

RP Bio lnc LT-Debt-to-Total-Asset Historical Data

The historical data trend for RP Bio lnc'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.

RP Bio lnc LT-Debt-to-Total-Asset Chart

RP Bio lnc Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.15

0.02

RP Bio lnc Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.02	0.02	0.02	0.03	0.03

RP Bio lnc LT-Debt-to-Total-Asset Calculation

RP Bio lnc's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	2634.805	/	173157.918
	=	0.02

RP Bio lnc'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 )
	=	4615.648	/	163050.549
	=	0.03

RP Bio lnc (XKRX:314140) 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.

RP Bio lnc LT-Debt-to-Total-Asset Related Terms

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

RP Bio lnc (XKRX:314140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » RP Bio lnc (XKRX:314140) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

634, Samseong-ro, Gangnam-gu, Seoul, KOR, 06084

Website

http://www.rpskorea.com

RP Bio lnc is engaged in the pharmaceutical manufacturing business. It produces softgels, finished drugs, and other products.

RP Bio lnc (XKRX:314140) Headlines

No Headlines