Solartron PCL (STU:TUU) LT-Debt-to-Total-Asset : 0.29 (As of Mar. 2024)

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What is Solartron 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. Solartron PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.29.

Solartron PCL's long-term debt to total assets ratio declined from Mar. 2023 (0.31) to Mar. 2024 (0.29). It may suggest that Solartron PCL is progressively becoming less dependent on debt to grow their business.

Solartron PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Solartron 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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Solartron PCL LT-Debt-to-Total-Asset Chart

Solartron PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.29

0.35

0.30

0.34

0.29

Solartron PCL 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															0.31	0.29	0.29	0.29	0.29

Solartron PCL LT-Debt-to-Total-Asset Calculation

Solartron 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 )
	=	15.133	/	51.791
	=	0.29

Solartron PCL'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 )
	=	14.496	/	49.517
	=	0.29

Solartron PCL (STU:TUU) 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.

Solartron PCL LT-Debt-to-Total-Asset Related Terms

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Solartron PCL (STU:TUU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solartron PCL (STU:TUU) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

SOLAR:Thailand TUU:Germany

Address

1000/65-67, Sukhumvit 71 Road, 16th Floor, P.B. Tower, North Klongton, Wattana, Bangkok, THA, 10110

Website

http://www.solartron.co.th

Solartron PCL is a Thailand-based company. Together with its subsidiaries, the company is engaged in manufacturing and distribution, selling and installation of solar-cell systems and related equipment, and construction of solar power plants. It operates in the segments of Selling and installation of solar-cell systems, Distribution of solar-cell, Sale of electricity, Hire of work, and another segment. The group derives a majority of its revenue from the Selling and installation of solar-cell systems. It generates prime revenue from operations located in Thailand.

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