Emc PCL (BKK:EMC) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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

Emc PCL's long-term debt to total assets ratio declined from Mar. 2023 (0.03) to Mar. 2024 (0.02). It may suggest that Emc PCL is progressively becoming less dependent on debt to grow their business.

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

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

Emc PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.08

0.02

0.05

0.02

Emc PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.07	0.02	0.02	0.02

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

Emc 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 )
	=	49.919	/	2369.282
	=	0.02

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	39.631	/	2250.026
	=	0.02

Emc PCL (BKK:EMC) 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.

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

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Emc PCL (BKK:EMC) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Silom Road, 140/66-67, ITF Tower, 28th-30th Floor, Suriwongse, Bangrak, Bangkok, THA, 10500

Website

http://www.emc.co.th

Emc PCL is a fully integrated electrical and mechanical engineering company. It comprises two business segments, Construction Contracting and Real Estate Development. Its other business operations include the design and installation of electrical systems, water supply systems, and sanitation systems. The company also provides architectural services. The company serves both government and private sector clients. The group primarily operates in Thailand and derives a majority of revenue from the Construction Contracting segment.