Kasikornbank Public Co (Kasikornbank Public Co) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2023)

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What is Kasikornbank Public Co 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. Kasikornbank Public Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.05.

Kasikornbank Public Co's long-term debt to total assets ratio increased from Dec. 2022 (0.04) to Dec. 2023 (0.05). It may suggest that Kasikornbank Public Co is progressively becoming more dependent on debt to grow their business.

Kasikornbank Public Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kasikornbank Public Co'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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Kasikornbank Public Co LT-Debt-to-Total-Asset Chart

Kasikornbank Public Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.04

0.05

0.04

0.05

Kasikornbank Public Co 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															0.04	0.06	0.05	0.06	0.05

Kasikornbank Public Co LT-Debt-to-Total-Asset Calculation

Kasikornbank Public Co'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 )
	=	5708.413	/	122453.8
	=	0.05

Kasikornbank Public Co'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 )
	=	5708.413	/	122453.8
	=	0.05

Kasikornbank Public Co (OTCPK:KPCUF) 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.

Kasikornbank Public Co LT-Debt-to-Total-Asset Related Terms

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Kasikornbank Public Co (Kasikornbank Public Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kasikornbank Public Co Ltd (OTCPK:KPCUF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

KPCPY:USA KPCPF:USA KBANK-F:Thailand KBANK:Thailand TFBF:Germany

Address

400/22 Phahon Yothin Road, Sam Sen Nai Sub-District, Phaya Thai District, Bangkok, THA, 10400

Website

https://www.kasikornbank.com

Kasikornbank Public Co Ltd is a commercial bank operating in Thailand. The corporate business' customers include public and private companies, government-backed enterprises or agencies, and financial institutions. The corporate business provides a variety of financial products and services such as loans, working capital, cash management, and value chain solutions. The retail business focuses on individual customers and offers loans and deposits, debit and credit cards, financial planning, and transactional banking services. The treasury and capital markets business includes funding, risk management, and foreign currency exchange services. The Muang Thai Group Holding business offers insurance and brokerage services.

Kasikornbank Public Co (Kasikornbank Public Co) Headlines

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