Country Group Development PCL (BKK:CGD) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Country Group Development 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. Country Group Development PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

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

Country Group Development PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Country Group Development 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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Country Group Development PCL LT-Debt-to-Total-Asset Chart

Country Group Development PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.02

0.11

0.02

Country Group Development PCL 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

Country Group Development PCL LT-Debt-to-Total-Asset Calculation

Country Group Development 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 )
	=	368.544	/	17063.368
	=	0.02

Country Group Development 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 )
	=	371.989	/	16997.655
	=	0.02

Country Group Development PCL (BKK:CGD) 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.

Country Group Development PCL LT-Debt-to-Total-Asset Related Terms

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Country Group Development PCL (BKK:CGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Country Group Development PCL (BKK:CGD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CGD-F:Thailand

Address

Ploenchit Road, Lumpini, 898 Ploenchit Tower, 20th floor, Pathum Wan, Bangkok, THA, 10330

Website

https://www.cgd.co.th

Country Group Development PCL is a holding company investing in real estate. It operates in the business segments of Real estate development and investment property. Its project includes Elements Srinakarin, Four Seasons private residences, Four Seasons Hotel, Capella, Anchorage Point, Rama III Residence, Chao Phraya Estate Project, and others. The firm derives its revenue from the Real estate development segment.

Country Group Development PCL (BKK:CGD) Headlines

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