Thitikorn PCL (BKK:TK) Debt-to-Asset : 0.05 (As of Sep. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Thitikorn PCL Debt-to-Asset?

Thitikorn PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿247 Mil. Thitikorn PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿46 Mil. Thitikorn PCL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ฿5,911 Mil. Thitikorn PCL's debt to asset for the quarter that ended in Sep. 2024 was 0.05.

Thitikorn PCL Debt-to-Asset Historical Data

The historical data trend for Thitikorn PCL's Debt-to-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.

Thitikorn PCL Debt-to-Asset Chart

Thitikorn PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.37

0.22

0.14

0.07

0.08

Thitikorn PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.09	0.08	0.07	0.06	0.05

Competitive Comparison of Thitikorn PCL's Debt-to-Asset

For the Credit Services subindustry, Thitikorn PCL's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Thitikorn PCL's Debt-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Thitikorn PCL's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Thitikorn PCL's Debt-to-Asset falls into.

Thitikorn PCL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Thitikorn PCL's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(329.897	+	162.045)	/	6404.716
	=	0.08

Thitikorn PCL's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(246.905	+	45.961)	/	5910.94
	=	0.05

Thitikorn PCL (BKK:TK) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Thitikorn PCL Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Thitikorn PCL's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Thitikorn PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Thitikorn PCL (BKK:TK) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

TK-R:Thailand

Address

69 Ramkhamhaeng Road, Huamark, Bangkapi, Bangkok, THA, 10240

Website

http://www.tk.co.th

Thitikorn PCL and its subsidiaries are engaged in the vehicle hire-purchase business and related other services. The company has a single-core operating segment which is hire-purchase on automobiles and motorcycles for general retail customers whereby the business activities with respect to loans, personal loans, and nano finance/microfinance to the general retail customers are insignificant portion as compared to the entire volumes and business activities. The company generates the majority of its revenue from the Domestic market.