Bangkok Expressway and Metro PCL (BKK:BEM) LT-Debt-to-Total-Asset : 0.55 (As of Sep. 2024)

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What is Bangkok Expressway and Metro 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 Expressway and Metro PCL's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.55.

Bangkok Expressway and Metro PCL's long-term debt to total assets ratio increased from Sep. 2023 (0.50) to Sep. 2024 (0.55). It may suggest that Bangkok Expressway and Metro PCL is progressively becoming more dependent on debt to grow their business.

Bangkok Expressway and Metro PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bangkok Expressway and Metro 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 Expressway and Metro PCL LT-Debt-to-Total-Asset Chart

Bangkok Expressway and Metro PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.51

0.55

0.53

0.49

Bangkok Expressway and Metro PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.50	0.49	0.50	0.49	0.55

Bangkok Expressway and Metro PCL LT-Debt-to-Total-Asset Calculation

Bangkok Expressway and Metro 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 )
	=	55121.419	/	112495.874
	=	0.49

Bangkok Expressway and Metro PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	70261.413	/	128345.038
	=	0.55

Bangkok Expressway and Metro PCL (BKK:BEM) 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 Expressway and Metro PCL LT-Debt-to-Total-Asset Related Terms

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Bangkok Expressway and Metro PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bangkok Expressway and Metro PCL (BKK:BEM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BEM-F:Thailand

Address

587 Sutthisarn Road, Ratchacaphisek Subdistrict, Dindaeng District, Bangkok, THA, 10310

Website

https://www.bemplc.co.th

Bangkok Expressway and Metro PCL and its subsidiaries are engaged in the construction and management of expressways and the operation of metro lines in Thailand. In conjunction with the operation of the Metro Blue Line, the company also handles the advertising and telecommunications maintenance in the trains and stations. Its segments include the Expressway business segment; Rail business segment; Commercial development business segment; and Other segments. The maximum revenue is derived from the Expressway business segment.