LG H&H (XKRX:051905) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is LG H&H 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. LG H&H's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

LG H&H's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.02). It may suggest that LG H&H is progressively becoming less dependent on debt to grow their business.

LG H&H LT-Debt-to-Total-Asset Historical Data

The historical data trend for LG H&H'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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LG H&H LT-Debt-to-Total-Asset Chart

LG H&H Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.03

0.02

LG H&H 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	0.02

LG H&H LT-Debt-to-Total-Asset Calculation

LG H&H'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 )
	=	136956.444	/	7220285.812
	=	0.02

LG H&H'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 )
	=	138096	/	7435176.245
	=	0.02

LG H&H (XKRX:051905) 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.

LG H&H LT-Debt-to-Total-Asset Related Terms

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LG H&H (XKRX:051905) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » LG H&H (XKRX:051905) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

051900:Korea

Address

58 Saemunan-ro Jonno-g, Seoul, KOR, 110-783

Website

http://www.lghnh.com

LG H&H is a producer of household and personal-care products. It has three main product segments: the beauty segment, the health segment, and the refreshing segment. In the beauty segment, the most well-known brands are Su:m (based on natural fermentation technology), OHUI (incorporating stem cell technology), Whoo, and Belif (based on a medicinal plant). The health segment has six main product categories: oral care, personal care, paper-based products, hair care, laundry, and household care. The refreshing segment includes bottled water, sparking water, juice, lifestyle beverages, sports beverages, tea, and coffee.

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