PT Astra International Tbk (STU:ASJA) LT-Debt-to-Total-Asset : 0.11 (As of Mar. 2024)

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What is PT Astra International 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 Astra International Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.11.

PT Astra International Tbk's long-term debt to total assets ratio increased from Mar. 2023 (0.09) to Mar. 2024 (0.11). It may suggest that PT Astra International Tbk is progressively becoming more dependent on debt to grow their business.

PT Astra International Tbk LT-Debt-to-Total-Asset Historical Data

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

PT Astra International 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

0.09

0.12

PT Astra International Tbk 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															0.09	0.10	0.09	0.12	0.11

PT Astra International Tbk LT-Debt-to-Total-Asset Calculation

PT Astra International 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 )
	=	3226.929	/	26510.615
	=	0.12

PT Astra International 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 )
	=	2956.576	/	27363.968
	=	0.11

PT Astra International Tbk (STU:ASJA) 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 Astra International Tbk LT-Debt-to-Total-Asset Related Terms

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PT Astra International Tbk (STU:ASJA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » PT Astra International Tbk (STU:ASJA) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

PTAIY:USA ASII:Indonesia ASJA:Germany

Address

Jl. Jend. Sudirman Kav. 5-6, Menara Astra, 59th Floor, Jakarta, IDN, 10220

Website

https://www.astra.co.id

PT Astra International Tbk Indonesia-based conglomerate of companies operating in seven segments: Automotive, Financial Services, Heavy Equipment, Mining, Construction, and Energy (HEMCE), Agribusiness, Infrastructure and Logistics, Information Technology, and Property. In automotive, Astra International offers car brands including Toyota, Daihatsu, Isuzu, BMW, Peugeot, UD Trucks, and Honda motorcycles. The company also offers car maintenance and services via its distribution network. Financial services support financing for Astra's other business segments. Heavy equipment and mining consist of three core activities: construction machinery, mining contracting, and coal mining.

PT Astra International Tbk (STU:ASJA) Headlines

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