PT Smartfren Telecom Tbk (ISX:FREN) LT-Debt-to-Total-Asset : 0.48 (As of Dec. 2023)

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What is PT Smartfren Telecom 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 Smartfren Telecom Tbk's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.48.

PT Smartfren Telecom Tbk's long-term debt to total assets ratio increased from Dec. 2022 (0.43) to Dec. 2023 (0.48). It may suggest that PT Smartfren Telecom Tbk is progressively becoming more dependent on debt to grow their business.

PT Smartfren Telecom Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Smartfren Telecom 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 Smartfren Telecom Tbk LT-Debt-to-Total-Asset Chart

PT Smartfren Telecom Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.27

0.43

0.45

0.43

0.48

PT Smartfren Telecom Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.43	0.43	0.47	0.47	0.48

PT Smartfren Telecom Tbk LT-Debt-to-Total-Asset Calculation

PT Smartfren Telecom 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 )
	=	21416077	/	45044801
	=	0.48

PT Smartfren Telecom Tbk's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	21416077	/	45044801
	=	0.48

PT Smartfren Telecom Tbk (ISX:FREN) 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 Smartfren Telecom Tbk LT-Debt-to-Total-Asset Related Terms

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PT Smartfren Telecom Tbk (ISX:FREN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Smartfren Telecom Tbk (ISX:FREN) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Jalan H. Agus Salim No. 45, Menteng, Jakarta Pusat, Jakarta, IDN, 10340

Website

https://www.smartfren.com

PT Smartfren Telecom Tbk is a telecommunications services provider. It provides CDMA and 4G LTE technology based telecommunication services with cellular and limited mobility. The Company operates and maintains its business in one segment that is providing cellular service and telecommunication network service to subscribers. It provides services to individuals as well as business. Geographically, the company operates in Indonesia.

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