Gilgyo E&C Co (XKRX:456700) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Gilgyo E&C 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. Gilgyo E&C Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Gilgyo E&C Co's long-term debt to total assets ratio declined from Dec. 2021 (0.04) to Dec. 2023 (0.02). It may suggest that Gilgyo E&C Co is progressively becoming less dependent on debt to grow their business.

Gilgyo E&C Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gilgyo E&C 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.

* Premium members only.

Gilgyo E&C Co LT-Debt-to-Total-Asset Chart

Gilgyo E&C Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.05

0.04

0.02

Gilgyo E&C Co Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.04	0.05	0.04	0.02	0.02

Gilgyo E&C Co LT-Debt-to-Total-Asset Calculation

Gilgyo E&C 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 )
	=	387.736	/	20543.246
	=	0.02

Gilgyo E&C Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	387.736	/	20543.246
	=	0.02

Gilgyo E&C Co (XKRX:456700) 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.

Gilgyo E&C Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Gilgyo E&C Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Gilgyo E&C Co (XKRX:456700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gilgyo E&C Co Ltd (XKRX:456700) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

306 Cheolcheol-ro, Nam-gu, Gyeongsangbuk-do, Pohang-si, KOR

Website

http://www.Gilgyo.com

Gilgyo E&C Co Ltd operates in the design and construction of bridges. It designs, manufactures, and installation of steel composite ramen bridges, girder bridges, and monolithic bridges.

Gilgyo E&C Co (XKRX:456700) Headlines

No Headlines