AJ Advance Technology PCL (BKK:AJA) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)

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What is AJ Advance Technology 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. AJ Advance Technology PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

AJ Advance Technology PCL's long-term debt to total assets ratio increased from Dec. 2022 (0.02) to Dec. 2023 (0.04). It may suggest that AJ Advance Technology PCL is progressively becoming more dependent on debt to grow their business.

AJ Advance Technology PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for AJ Advance Technology 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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AJ Advance Technology PCL LT-Debt-to-Total-Asset Chart

AJ Advance Technology PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.02

0.04

AJ Advance Technology PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.04	0.03	0.04

AJ Advance Technology PCL LT-Debt-to-Total-Asset Calculation

AJ Advance Technology 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 )
	=	32.759	/	883.673
	=	0.04

AJ Advance Technology PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	32.759	/	883.673
	=	0.04

AJ Advance Technology PCL (BKK:AJA) 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.

AJ Advance Technology PCL LT-Debt-to-Total-Asset Related Terms

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AJ Advance Technology PCL (BKK:AJA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AJ Advance Technology PCL (BKK:AJA) » Definitions » LT-Debt-to-Total-Asset

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Address

No. 427/2 Rama 2 Road, Kwaeng Samaedum, Khet Bangkhunthien, Bangkok, THA, 10150

Website

https://www.ajthai.com

AJ Advance Technology PCL is a wholesaler and retailer of electric appliances, distribution of smartphone, tablet including parts, and provide service to members for karaoke application, electric vehicle, etc. It has six operating segments; Segment 1 Retailing and wholesaling of electric appliances, including parts, Segment 2 Retailing and wholesaling of mobile phones, including parts (Cancellation section), Segment 3 Top-up service for prepaid phone and service prepaid kiosk, Segment 4 Retailing of shoes, Segment 5 Sale of electric motorcycle, and Segment 6 Others. The company operates only in Thailand.

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