Kinx (XKRX:093320) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2023)

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

What is Kinx 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. Kinx's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.11.

Kinx's long-term debt to total assets ratio increased from Dec. 2022 (0.05) to Dec. 2023 (0.11). It may suggest that Kinx is progressively becoming more dependent on debt to grow their business.

Kinx LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kinx'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.

Kinx LT-Debt-to-Total-Asset Chart

Kinx Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.07

0.10

0.07

0.05

0.11

Kinx Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.05	0.05	0.04	0.11

Kinx LT-Debt-to-Total-Asset Calculation

Kinx'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 )
	=	27893.303	/	254807.36
	=	0.11

Kinx'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 )
	=	27893.303	/	254807.36
	=	0.11

Kinx (XKRX:093320) 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.

Kinx LT-Debt-to-Total-Asset Related Terms

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

Kinx (XKRX:093320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Kinx Inc (XKRX:093320) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

396, Seocho-daero, 21st Floor, Gangnam Building, Seocho-gu, Seoul, KOR

Website

http://www.kinx.net

Kinx Inc is a Korea based carrier-neutral infrastructure provider. It offers services to prominent domestic and international carriers, content providers, multiple system operators, financial institutions, and government agencies. The organization provides colocation, IEPL, MPLS-VPN, Cloud, CDN, AWS Direct Connect, and China Direct Connect among others.

Kinx (XKRX:093320) Headlines

No Headlines