Siam City Cement PCL (SGX:TSCD) LT-Debt-to-Total-Asset : 0.22 (As of Jun. 2024)

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What is Siam City Cement PCL 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. Siam City Cement PCL's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.22.

Siam City Cement PCL's long-term debt to total assets ratio increased from Jun. 2023 (0.20) to Jun. 2024 (0.22). It may suggest that Siam City Cement PCL is progressively becoming more dependent on debt to grow their business.

Siam City Cement PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Siam City Cement PCL'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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Siam City Cement PCL LT-Debt-to-Total-Asset Chart

Siam City Cement PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.30

0.32

0.21

0.26

0.21

Siam City Cement PCL Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.21	0.21	0.20	0.22

Siam City Cement PCL LT-Debt-to-Total-Asset Calculation

Siam City Cement PCL'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 )
	=	552.521	/	2654.185
	=	0.21

Siam City Cement PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	536.444	/	2490.46
	=	0.22

Siam City Cement PCL (SGX:TSCD) 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.

Siam City Cement PCL LT-Debt-to-Total-Asset Related Terms

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Siam City Cement PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Siam City Cement PCL (SGX:TSCD) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

SCCC:Thailand

Address

Ratchadapisek Road, 199, 3rd, 10th - 12th Floor, Column Tower, Klongtoey, Bangkok, THA, 10110

Website

https://www.siamcitycement.com

Siam City Cement PCL is a Thailand-based company that produces cement-based building materials, wood replacement products, and lightweight concrete blocks through its subsidiaries. The company is composed of five segments: Cement, Concrete & Aggregates, Light Building Materials, Trading, and Others. Cement is the company's largest and most profitable segment, accounting for more than half of its revenue. It sells various cement types, namely Portland, Hydraulic, Mixed, and Masonry, that serve various building, bricklaying, and plastering purposes. The Trading segment, established in 2017, exports cement products and imports mineral components and solid fuel. The company's largest customers by total revenue are located in Thailand.

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