Chai Watana Tannery Group PCL (BKK:CWT) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2024)

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What is Chai Watana Tannery Group 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. Chai Watana Tannery Group PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.16.

Chai Watana Tannery Group PCL's long-term debt to total assets ratio declined from Dec. 2023 (0.21) to Dec. 2024 (0.16). It may suggest that Chai Watana Tannery Group PCL is progressively becoming less dependent on debt to grow their business.

Chai Watana Tannery Group PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Chai Watana Tannery Group 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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Chai Watana Tannery Group PCL LT-Debt-to-Total-Asset Chart

Chai Watana Tannery Group PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.15

0.20

0.15

0.21

0.16

Chai Watana Tannery Group 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															0.21	0.18	0.17	0.17	0.16

Chai Watana Tannery Group PCL LT-Debt-to-Total-Asset Calculation

Chai Watana Tannery Group 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 )
	=	548.994	/	3415.476
	=	0.16

Chai Watana Tannery Group 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 )
	=	548.994	/	3415.476
	=	0.16

Chai Watana Tannery Group PCL (BKK:CWT) 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.

Chai Watana Tannery Group PCL LT-Debt-to-Total-Asset Related Terms

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Chai Watana Tannery Group PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chai Watana Tannery Group PCL (BKK:CWT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CWT-R:Thailand

Address

Sukhumvit Road, 176/1, 1480 Moo 1 Tannery Industrial District (K.M. 30), Thambon Thaiban, Amphur Maung, Samudprakarn, THA, 10280

Website

https://www.cwt.co.th

Chai Watana Tannery Group PCL is a Thailand-based manufacturing company. The company is principally engaged in six reportable segments: Tannery Hide, Automotive leather cutting, Dog Chewable Toys, Furniture, Energy Business, and Design and Distribution of Aluminum Boat and Mini buses. The majority of its revenue is from the Automotive leather-cutting segment.