Panjawattana Plastic PCL (BKK:PJW) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

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What is Panjawattana Plastic 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. Panjawattana Plastic PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

Panjawattana Plastic PCL's long-term debt to total assets ratio increased from Mar. 2023 (0.08) to Mar. 2024 (0.12). It may suggest that Panjawattana Plastic PCL is progressively becoming more dependent on debt to grow their business.

Panjawattana Plastic PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Panjawattana Plastic 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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Panjawattana Plastic PCL LT-Debt-to-Total-Asset Chart

Panjawattana Plastic PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.13

0.19

0.14

0.12

0.13

Panjawattana Plastic 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															0.08	0.15	0.14	0.13	0.12

Panjawattana Plastic PCL LT-Debt-to-Total-Asset Calculation

Panjawattana Plastic 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 )
	=	450.934	/	3391.826
	=	0.13

Panjawattana Plastic 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 )
	=	443.249	/	3586.583
	=	0.12

Panjawattana Plastic PCL (BKK:PJW) 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.

Panjawattana Plastic PCL LT-Debt-to-Total-Asset Related Terms

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Panjawattana Plastic PCL (BKK:PJW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Panjawattana Plastic PCL (BKK:PJW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ekachai Road, No. 19 and 21 Soi Ekachai 63, Kwang Klong Bangbon, Khet Bangbon, Bangkok, THA, 10150

Website

https://www.pjw.co.th

Panjawattana Plastic PCL is engaged in manufacturing and distribution of packaging for consumer product, agro chemical, automotive parts and materials from plastic imitation. The company operates its business through the following segments, Samuthsakhon Plant, Chonburi Plant, Bangkok Plant, Jiangsu Plant, Tianjin Plant, Service and the Business trading segment.

Panjawattana Plastic PCL (BKK:PJW) Headlines

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