PT Pelayaran Nasional Ekalya Purnamasari Tbk (ISX:ELPI) LT-Debt-to-Total-Asset : 0.11 (As of Mar. 2024)

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What is PT Pelayaran Nasional Ekalya Purnamasari Tbk 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. PT Pelayaran Nasional Ekalya Purnamasari Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.11.

PT Pelayaran Nasional Ekalya Purnamasari Tbk's long-term debt to total assets ratio increased from Mar. 2023 (0.03) to Mar. 2024 (0.11). It may suggest that PT Pelayaran Nasional Ekalya Purnamasari Tbk is progressively becoming more dependent on debt to grow their business.

PT Pelayaran Nasional Ekalya Purnamasari Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Pelayaran Nasional Ekalya Purnamasari Tbk'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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PT Pelayaran Nasional Ekalya Purnamasari Tbk LT-Debt-to-Total-Asset Chart

PT Pelayaran Nasional Ekalya Purnamasari Tbk Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.03

0.07

0.05

0.02

0.11

PT Pelayaran Nasional Ekalya Purnamasari Tbk Quarterly Data
	Dec19	Dec20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.03	0.12	0.06	0.11	0.11

PT Pelayaran Nasional Ekalya Purnamasari Tbk LT-Debt-to-Total-Asset Calculation

PT Pelayaran Nasional Ekalya Purnamasari Tbk'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 )
	=	265967	/	2362602
	=	0.11

PT Pelayaran Nasional Ekalya Purnamasari Tbk'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 )
	=	265151	/	2411473
	=	0.11

PT Pelayaran Nasional Ekalya Purnamasari Tbk (ISX:ELPI) 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.

PT Pelayaran Nasional Ekalya Purnamasari Tbk LT-Debt-to-Total-Asset Related Terms

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PT Pelayaran Nasional Ekalya Purnamasari Tbk (ISX:ELPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Pelayaran Nasional Ekalya Purnamasari Tbk (ISX:ELPI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. W.R. Supratman No.23, Graha KCT, Surabaya, Jawa Timur, IDN

Website

https://www.pnep.co.id

PT Pelayaran Nasional Ekalya Purnamasari Tbk is engaged in sea transportation and transportation support activities. The main business activities of the company include shipping and freight services, shipping agent of shipping company, oil and gas services, marine vessel rental and shipping equipment voyage, voyage representative, and sea shipping voyage business. The segments of the business are own vessel, chartered vessel, and other services, out of which the majority is from the own vessel.

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