Ama Marine PCL (BKK:AMA) LT-Debt-to-Total-Asset : 0.18 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Ama Marine 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. Ama Marine PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.18.

Ama Marine PCL's long-term debt to total assets ratio increased from Mar. 2023 (0.18) to Mar. 2024 (0.18). It may suggest that Ama Marine PCL is progressively becoming more dependent on debt to grow their business.

Ama Marine PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ama Marine 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.

Ama Marine PCL LT-Debt-to-Total-Asset Chart

Ama Marine 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

0.21

0.22

0.21

0.18

0.20

Ama Marine 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															0.18	0.16	0.17	0.20	0.18

Ama Marine PCL LT-Debt-to-Total-Asset Calculation

Ama Marine 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 )
	=	953.18	/	4828.559
	=	0.20

Ama Marine 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 )
	=	872.867	/	4946.493
	=	0.18

Ama Marine PCL (BKK:AMA) 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.

Ama Marine PCL LT-Debt-to-Total-Asset Related Terms

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

Ama Marine PCL (BKK:AMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ama Marine PCL (BKK:AMA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room No. TNA02, TNA03, Rama 9 Road, 33/4 The Nine Tower A, 33rd Floor, Huaykwang, Bangkok, THA, 10310

Website

https://www.amamarine.co.th

Ama Marine PCL is a Thailand based company engages in the provision of marine transportation services in the Southeast Asia region. It operates through the following segments: Marine transportation services segment which rendered in the Southeast Asia region and Logistic services segment virtually in Thailand by transportation of fuel oil and gas. It provides international liquid logistic services by tankers for various liquid products, including palm oil, vegetable oil, and other chemicals.

Ama Marine PCL (BKK:AMA) Headlines

No Headlines