Delta Paint PCL (BKK:DPAINT) LT-Debt-to-Total-Asset : 0.09 (As of Jun. 2024)

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What is Delta Paint 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. Delta Paint PCL's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.09.

Delta Paint PCL's long-term debt to total assets ratio increased from Jun. 2023 (0.04) to Jun. 2024 (0.09). It may suggest that Delta Paint PCL is progressively becoming more dependent on debt to grow their business.

Delta Paint PCL LT-Debt-to-Total-Asset Historical Data

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

Delta Paint PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.13

0.10

0.05

0.04

0.03

Delta Paint PCL Quarterly Data
	Dec19	Jun20	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												0.04	0.04	0.03	0.03	0.09

Delta Paint PCL LT-Debt-to-Total-Asset Calculation

Delta Paint 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 )
	=	39.238	/	1228.476
	=	0.03

Delta Paint 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 )
	=	102.443	/	1166.561
	=	0.09

Delta Paint PCL (BKK:DPAINT) 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.

Delta Paint PCL LT-Debt-to-Total-Asset Related Terms

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Delta Paint PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Delta Paint PCL (BKK:DPAINT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Delta House Building Thian Ruammit Road, Huai Khwang Subdistrict, Huai Khwang District, Bangkok, THA, 10320

Website

https://www.deltapaint.co.th

Delta Paint PCL is engaged in the production and distribution of paint and chemical. It primarily operates in Thailand.

Delta Paint PCL Headlines

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