PT Merdeka Copper Gold Tbk (PT Merdeka Copper Gold Tbk) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2023)

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What is PT Merdeka Copper Gold 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 Merdeka Copper Gold Tbk's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.23.

PT Merdeka Copper Gold Tbk's long-term debt to total assets ratio declined from Dec. 2022 (0.28) to Dec. 2023 (0.23). It may suggest that PT Merdeka Copper Gold Tbk is progressively becoming less dependent on debt to grow their business.

PT Merdeka Copper Gold Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Merdeka Copper Gold 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 Merdeka Copper Gold Tbk LT-Debt-to-Total-Asset Chart

PT Merdeka Copper Gold Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.13

0.12

0.28

0.23

PT Merdeka Copper Gold 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															0.28	0.27	0.24	0.25	0.23

PT Merdeka Copper Gold Tbk LT-Debt-to-Total-Asset Calculation

PT Merdeka Copper Gold 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 )
	=	1129.825	/	4964.259
	=	0.23

PT Merdeka Copper Gold 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 )
	=	1129.825	/	4964.259
	=	0.23

PT Merdeka Copper Gold Tbk (OTCPK:PMCGF) 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 Merdeka Copper Gold Tbk LT-Debt-to-Total-Asset Related Terms

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PT Merdeka Copper Gold Tbk (PT Merdeka Copper Gold Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Merdeka Copper Gold Tbk (OTCPK:PMCGF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

MDKA:Indonesia B0C:Germany

Address

Jalan Jenderal Sudirman Kav. 52-53, Treasury Tower, 67th-68th Floor, District 8 SCBD Lot. 28, Senayan, Kebayoran Baru, South Jakarta, Jakarta, IDN, 12190

Website

https://www.merdekacoppergold.com

PT Merdeka Copper Gold Tbk is a holding company. It is engaged in the mining businesses, encompassing the exploration and future production of gold, silver, copper and other related minerals. The company's operations and projects consist of Tujuh Bukit Gold, Wetar Copper, Tujuh Bukit Copper, Pani Gold, and Wetar Morowali AIM. Its geographical segment includes Hong Kong, Singapore, Switzerland, Korea, Monaco, Indonesia, and China.

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