Demco PCL (BKK:DEMCO) LT-Debt-to-Total-Asset : 0.02 (As of Jun. 2024)

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What is Demco 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. Demco PCL's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.02.

Demco PCL's long-term debt to total assets ratio increased from Jun. 2023 (0.02) to Jun. 2024 (0.02). It may suggest that Demco PCL is progressively becoming more dependent on debt to grow their business.

Demco PCL LT-Debt-to-Total-Asset Historical Data

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

Demco PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.06

0.03

0.01

0.02

Demco PCL Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.02

Demco PCL LT-Debt-to-Total-Asset Calculation

Demco 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 )
	=	132.623	/	6419.193
	=	0.02

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	123.355	/	6903.101
	=	0.02

Demco PCL (BKK:DEMCO) 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.

Demco PCL LT-Debt-to-Total-Asset Related Terms

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Demco PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Demco PCL (BKK:DEMCO) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

59 Moo 1, Suanphrikthai, Muang, Pathumthani, THA, 12000

Website

https://www.demco.co.th

Demco PCL is engaged in the sale of electric systems equipment and the provision of electric system construction and service work in the field of electrical engineering and telecommunications. Its segments are Sales, Electrical work services, Mechanical work services, Engagement work services, Electricity from solar power, and Others. The majority is from the Electrical work services segment, which includes Designing, constructing and managing electrical work on a complete service basis.

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