Becamex Infrastructure Development JSC (STC:IJC) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Becamex Infrastructure Development JSC 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. Becamex Infrastructure Development JSC's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

Becamex Infrastructure Development JSC's long-term debt to total assets ratio declined from Mar. 2023 (0.06) to Mar. 2024 (0.03). It may suggest that Becamex Infrastructure Development JSC is progressively becoming less dependent on debt to grow their business.

Becamex Infrastructure Development JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Becamex Infrastructure Development JSC'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.

* Premium members only.

Becamex Infrastructure Development JSC LT-Debt-to-Total-Asset Chart

Becamex Infrastructure Development JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.09

0.06

0.03

Becamex Infrastructure Development JSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	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															0.06	0.06	0.05	0.03	0.03

Becamex Infrastructure Development JSC LT-Debt-to-Total-Asset Calculation

Becamex Infrastructure Development JSC'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 )
	=	210032.5	/	6403754.435
	=	0.03

Becamex Infrastructure Development JSC'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 )
	=	189844.375	/	7012109.816
	=	0.03

Becamex Infrastructure Development JSC (STC:IJC) 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.

Becamex Infrastructure Development JSC LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Becamex Infrastructure Development JSC's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Becamex Infrastructure Development JSC (STC:IJC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Becamex Infrastructure Development JSC (STC:IJC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

230 Pacific Avenue, 5th Floor, Becamex Tower, Phu Hoa, Binh Duong, Thu Dau Mot, VNM

Website

http://www.becamexijc.com

Becamex Infrastructure Development JSC, through its subsidiaries, is engaged in the field of investment and development of industrial, residential, urban and transportation infrastructure. The other business activities in which the company is involved are Collecting traffic fees; Services-Trade; and Real estate business. The organization is based in Vietnam.

Becamex Infrastructure Development JSC (STC:IJC) Headlines

No Headlines