Hyundai Glovis Co (XKRX:086280) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Hyundai Glovis 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 Glovis Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Hyundai Glovis Co's long-term debt to total assets ratio declined from Mar. 2023 (0.13) to Mar. 2024 (0.00). It may suggest that Hyundai Glovis Co is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Hyundai Glovis 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.

Hyundai Glovis Co LT-Debt-to-Total-Asset Chart

Hyundai Glovis 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

0.14

0.15

0.14

0.13

Hyundai Glovis 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															0.13	0.14	0.14	0.13	-

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

Hyundai Glovis 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 )
	=	1942651.614	/	14725019.904
	=	0.13

Hyundai Glovis 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 )
	=	0	/	15485018.807
	=	0.00

Hyundai Glovis Co (XKRX:086280) 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 Glovis Co LT-Debt-to-Total-Asset Related Terms

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

Hyundai Glovis Co (XKRX:086280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hyundai Glovis Co Ltd (XKRX:086280) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

301, Teheran-ro, Gangnam-gu, Seoul, KOR

Website

http://www.glovis.net

Hyundai Glovis Co Ltd is engaged in the comprehensive logistics business. The company offers vehicle transportation services, storage services, inbound and outbound logistics, domestic logistics services, general cargo, military logistics, and consulting services. It offers services to industries including steel, machinery, heavy industries, chemical, energy, and construction. The company provides systematic information on tracking, detention, estimated time of arrival through inbound and outbound logistics system.

Hyundai Glovis Co (XKRX:086280) Headlines

No Headlines