Twenty-Four Con & Supply PCL (BKK:24CS) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Twenty-Four Con & Supply PCL 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. Twenty-Four Con & Supply PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Twenty-Four Con & Supply PCL's long-term debt to total assets ratio increased from Mar. 2023 (0.02) to Mar. 2024 (0.02). It may suggest that Twenty-Four Con & Supply PCL is progressively becoming more dependent on debt to grow their business.

Twenty-Four Con & Supply PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Twenty-Four Con & Supply PCL'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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Twenty-Four Con & Supply PCL LT-Debt-to-Total-Asset Chart

Twenty-Four Con & Supply PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.10

0.08

0.05

0.02

Twenty-Four Con & Supply PCL Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	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

Twenty-Four Con & Supply PCL LT-Debt-to-Total-Asset Calculation

Twenty-Four Con & Supply PCL'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 )
	=	17.61	/	758.006
	=	0.02

Twenty-Four Con & Supply PCL'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 )
	=	16.126	/	728.046
	=	0.02

Twenty-Four Con & Supply PCL (BKK:24CS) 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.

Twenty-Four Con & Supply PCL LT-Debt-to-Total-Asset Related Terms

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Twenty-Four Con & Supply PCL (BKK:24CS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Twenty-Four Con & Supply PCL (BKK:24CS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ratchadaphisek Road, 89 AIA Capital Center, 9th Floor, Unit 901, Din Daeng Subdistrict, Din Daeng District, Bangkok, THA, 10400

Website

https://www.24con-supply.com

Twenty-Four Con & Supply PCL is engaged in selling and installing ventilation and air conditioning systems, electricity systems and plumbing systems as well as maintenance services. The company's reportable segments are Service render for construction of heating, ventilation, and air conditioning systems, electricity systems and plumbing systems; Service render for maintenance services. The company's majority revenue is generated from Services segment.

Twenty-Four Con & Supply PCL (BKK:24CS) Headlines

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