TISCO Financial Group PCL (TISCO Financial Group PCL) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

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What is TISCO Financial Group 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. TISCO Financial Group PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

TISCO Financial Group PCL's long-term debt to total assets ratio declined from Mar. 2023 (0.07) to Mar. 2024 (0.06). It may suggest that TISCO Financial Group PCL is progressively becoming less dependent on debt to grow their business.

TISCO Financial Group PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for TISCO Financial Group 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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TISCO Financial Group PCL LT-Debt-to-Total-Asset Chart

TISCO Financial Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.07

0.08

0.07

TISCO Financial Group 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															0.07	0.08	0.07	0.07	0.06

TISCO Financial Group PCL LT-Debt-to-Total-Asset Calculation

TISCO Financial Group 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 )
	=	556.953	/	8310.919
	=	0.07

TISCO Financial Group 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 )
	=	465.581	/	7855.385
	=	0.06

TISCO Financial Group PCL (OTCPK:TSCFY) 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.

TISCO Financial Group PCL LT-Debt-to-Total-Asset Related Terms

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TISCO Financial Group PCL (TISCO Financial Group PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » TISCO Financial Group PCL (OTCPK:TSCFY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TISCO-F:Thailand TISCO:Thailand 47TA:Germany

Address

No. 48/49, North Sathorn Road, TISCO Tower, 21st Floor, Silom Sub-district, Bangrak District, Bangkok, THA, 10500

Website

https://www.tisco.co.th

TISCO Financial Group PCL is a bank that provides commercial banking products and services. The company is headquartered in Thailand and generates revenue domestically. The bank separates itself into four segments: commercial banking and lending business, securities business, asset management, and support business. Of these, commercial banking provides the largest percentage of revenue. Services include deposits, accounts, car and home loans, investment services, insurance, business finance, capital markets, mergers and acquisitions, and debt restructuring.

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