NEXON Co (TSE:3659) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

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

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

NEXON Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for NEXON 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.

NEXON Co LT-Debt-to-Total-Asset Chart

NEXON Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.02

NEXON 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															0.02	0.02	0.02	0.02	0.03

NEXON Co LT-Debt-to-Total-Asset Calculation

NEXON 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 )
	=	24090	/	1098103
	=	0.02

NEXON 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 )
	=	32161	/	1177945
	=	0.03

NEXON Co (TSE:3659) 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.

NEXON Co LT-Debt-to-Total-Asset Related Terms

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

NEXON Co (TSE:3659) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NEXON Co Ltd (TSE:3659) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NEXOY:USA NEXOF:USA 7NX:Germany

Address

1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032

Website

http://www.nexon.co.jp

NEXON Co Ltd provides engaging, high quality, geographically unique games to international users through the development and service of PC online and mobile games. The company's major PC online titles include MapleStory and Dungeon&Fighter and their mobile games include HIT and DomiNations. The games are in approximately 200 countries including China, Korea, Japan, North America, and Europe. The PC segment is responsible for a majority of revenue, while the Mobile segment accounts for a smaller portion. Geographically, over half of the company's revenue is derived from China, roughly one quarter is derived from Korea, and the remainder is derived from Japan, North America, and Europe & Others.

NEXON Co (TSE:3659) Headlines

No Headlines