Asset Five Group PCL (BKK:A5-F) LT-Debt-to-Total-Asset : 0.31 (As of Jun. 2024)

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

What is Asset Five 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. Asset Five Group PCL's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.31.

Asset Five Group PCL's long-term debt to total assets ratio declined from Jun. 2023 (0.45) to Jun. 2024 (0.31). It may suggest that Asset Five Group PCL is progressively becoming less dependent on debt to grow their business.

Asset Five Group PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asset Five 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.

* Premium members only.

Asset Five Group PCL LT-Debt-to-Total-Asset Chart

Asset Five Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.30

0.11

0.14

0.41

0.27

Asset Five Group PCL Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.45	0.24	0.27	0.31	0.31

Asset Five Group PCL LT-Debt-to-Total-Asset Calculation

Asset Five 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 )
	=	918.843	/	3425.206
	=	0.27

Asset Five Group PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	1174.291	/	3775.574
	=	0.31

Asset Five Group PCL (BKK:A5-F) 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.

Asset Five Group PCL LT-Debt-to-Total-Asset Related Terms

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

Asset Five Group PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Asset Five Group PCL (BKK:A5-F) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

A5:Thailand

Address

Vibhavadi-Rangsit Road, 349 SJ Infinite one business complex, 19th Floor, 1901 Unit, Chomphon, Chatuchak, Bangkok, THA, 10900

Website

https://www.assetfive.co.th

Asset Five Group PCL operates as a holding company. Together with its subsidiaries, the firm is engaged in real estate development. It generates revenue from the sales of houses and sales of condominiums, of which key revenue is derived from the sales of houses. The group's operations are located in Thailand.

Asset Five Group PCL Headlines

No Headlines