AIRA Factoring PCL (BKK:AF-R) Debt-to-Asset

: 0.75 (As of Dec. 2023)

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AIRA Factoring PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿1,854.4 Mil. AIRA Factoring PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿11.7 Mil. AIRA Factoring PCL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was ฿2,504.5 Mil. AIRA Factoring PCL's debt to asset for the quarter that ended in Dec. 2023 was 0.75.

AIRA Factoring PCL Debt-to-Asset Historical Data

The historical data trend for AIRA Factoring 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.

AIRA Factoring PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.73

0.70

0.72

0.71

0.75

AIRA Factoring PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset																0.71	0.70	0.68	0.69	0.75

Competitive Comparison

For the Credit Services subindustry, AIRA Factoring 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.

AIRA Factoring PCL Debt-to-Asset Distribution

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

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

AIRA Factoring PCL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

AIRA Factoring 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
	=	(1854.433	+	11.703)	/	2504.46
	=	0.75

AIRA Factoring PCL's Debt-to-Asset for the quarter 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
	=	(1854.433	+	11.703)	/	2504.46
	=	0.75

AIRA Factoring PCL (BKK:AF-R) 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.

AIRA Factoring PCL Debt-to-Asset Related Terms

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AIRA Factoring PCL (BKK:AF-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » AIRA Factoring PCL (BKK:AF-R) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

AF:Thailand

Address

Phayathai Road, No. 319 Chamchuri Square, 17th Floor, Pathumwan Disrict, Bangkok, THA, 10330

Website

https://www.airafactoring.co.th

AIRA Factoring PCL is a Thailand-based company engaged in the business of receivable factoring. It provides short-term financing services by transferring creditor's right or factoring service. In exchange for these services, the company finances the short-term cash flow. The company's clients vary from small to middle businesses that need short-term cash to fund their working capital. Its diversified portfolio of industries includes electronic equipment and parts, telecommunication, consumer products, and the health and beauty industry.

AIRA Factoring PCL (BKK:AF-R) Headlines

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