PT Ifishdeco Tbk (ISX:IFSH) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is PT Ifishdeco 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 Ifishdeco Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

PT Ifishdeco Tbk's long-term debt to total assets ratio declined from Mar. 2023 (0.03) to Mar. 2024 (0.02). It may suggest that PT Ifishdeco Tbk is progressively becoming less dependent on debt to grow their business.

PT Ifishdeco Tbk LT-Debt-to-Total-Asset Historical Data

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

PT Ifishdeco Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.03

0.02

PT Ifishdeco Tbk Quarterly Data
	Dec18	Dec19	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												0.03	0.03	0.03	0.02	0.02

PT Ifishdeco Tbk LT-Debt-to-Total-Asset Calculation

PT Ifishdeco 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 )
	=	19948.489	/	1072483.807
	=	0.02

PT Ifishdeco 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 )
	=	18106.035	/	1038910.407
	=	0.02

PT Ifishdeco Tbk (ISX:IFSH) 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 Ifishdeco Tbk LT-Debt-to-Total-Asset Related Terms

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PT Ifishdeco Tbk (ISX:IFSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Ifishdeco Tbk (ISX:IFSH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Jenderal Sudirman No. 86, Gedung Sahid Sudirman Center Lantai 42 F, Karet Tengsin, Tanah Abang, Jakarta Pusat, Jakarta, IDN, 10220

Website

https://www.ifishdeco.com

PT Ifishdeco Tbk is an Indonesia based company engaged in the mining of nickel ore. The business activities are primarily carried out in Southeast Sulawesi, it undertakes the exploration, development, production, smelting, and marketing of nickel ore.

PT Ifishdeco Tbk (ISX:IFSH) Headlines

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