Bangkok Airways PCL (BKK:BA) LT-Debt-to-Total-Asset : 0.43 (As of Dec. 2024)

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What is Bangkok Airways 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. Bangkok Airways PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.43.

Bangkok Airways PCL's long-term debt to total assets ratio declined from Dec. 2023 (0.44) to Dec. 2024 (0.43). It may suggest that Bangkok Airways PCL is progressively becoming less dependent on debt to grow their business.

Bangkok Airways PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bangkok Airways 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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Bangkok Airways PCL LT-Debt-to-Total-Asset Chart

Bangkok Airways PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.30

0.14

0.35

0.44

0.43

Bangkok Airways PCL Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.44	0.43	0.43	0.41	0.43

Bangkok Airways PCL LT-Debt-to-Total-Asset Calculation

Bangkok Airways PCL's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	23851.152	/	55916.577
	=	0.43

Bangkok Airways PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	23851.152	/	55916.577
	=	0.43

Bangkok Airways PCL (BKK:BA) 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.

Bangkok Airways PCL LT-Debt-to-Total-Asset Related Terms

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Bangkok Airways PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bangkok Airways PCL (BKK:BA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BA-R:Thailand 8BA:Germany

Address

99 Moo 14, Vibhavadirangsit Road, Chom Phon, Chatuchak, Bangkok, THA, 10900

Website

https://www.bangkokair.com

Bangkok Airways PCL provides airline, airport, and airport-related services including ground and passenger, in-flight catering, and cargo terminal services to its own flights and those of other airlines. It operates in three segments; The airline segment sells tickets and provides services to passengers, the airport segment provides location services for passengers and airlines, and the supporting airline business segment, provides ground handling, cargo, and catering services for airlines and customers. The majority of revenue is from the Airline segment. It mainly operates in Thailand.