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Asian Palm Oil PCL (BKK:APO) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2022)


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What is Asian Palm Oil 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. Asian Palm Oil PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.06.

Asian Palm Oil PCL's long-term debt to total assets ratio increased from . 20 (0.00) to Dec. 2022 (0.06). It may suggest that Asian Palm Oil PCL is progressively becoming more dependent on debt to grow their business.

Asian Palm Oil PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asian Palm Oil 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.

Asian Palm Oil PCL LT-Debt-to-Total-Asset Chart

Asian Palm Oil PCL Annual Data
Trend Dec22 Dec23
LT-Debt-to-Total-Asset
0.06 0.03

Asian Palm Oil PCL Quarterly Data
Dec22 Dec23
LT-Debt-to-Total-Asset 0.06 0.03

Asian Palm Oil PCL LT-Debt-to-Total-Asset Calculation

Asian Palm Oil 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 )
=10.155/330.835
=0.03

Asian Palm Oil PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )/Total Assets (Q: Dec. 2022 )
=19.864/343.086
=

* 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.

Asian Palm Oil PCL  (BKK:APO) 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.

Asian Palm Oil PCL LT-Debt-to-Total-Asset Related Terms

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Asian Palm Oil PCL (BKK:APO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Asian Palm Oil PCL (BKK:APO) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
Traded in Other Exchanges
APO-F:Thailand
Address
99 Moo 2 Ao Luek Tai, Ao Luek, Krabi, THA, 81110
Website
https://www.asianpalmoil.com
Asian Palm Oil PCL is a company that produces crude palm oil from fresh palm fruit purchased from general farmers. The company's primary business is the production of crude palm oil and the distribution of products extracted from crude palm oil.