GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » 4by4 Inc (XKRX:389140) » Definitions » LT-Debt-to-Total-Asset

4by4 (XKRX:389140) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is 4by4 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. 4by4's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

4by4's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.01). It may suggest that 4by4 is progressively becoming less dependent on debt to grow their business.


4by4 LT-Debt-to-Total-Asset Historical Data

The historical data trend for 4by4'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.

4by4 LT-Debt-to-Total-Asset Chart

4by4 Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.51 0.16 0.03 0.01 0.01

4by4 Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.01 0.01 0.01 0.01

4by4 LT-Debt-to-Total-Asset Calculation

4by4'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 )
=493.565/67013.711
=0.01

4by4'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 )
=306.931/61680.336
=0.00

* 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.


4by4  (XKRX:389140) 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.


4by4 LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of 4by4's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


4by4 (XKRX:389140) Business Description

Traded in Other Exchanges
N/A
Address
12-14F, 479, Gangnam-daero, Seocho-gu, Seoul, KOR, 06541
4by4 Inc is engaged in advertising motion picture and video production. The services offered by the company include VFX Film, Media Facade, Digital Signage, Product promotional video, 8K Visual content, Sync Multi-Vision, and Cellular Portable Terminal.

4by4 (XKRX:389140) Headlines

No Headlines