The Erawan Group PCL (BKK:ERW) LT-Debt-to-Total-Asset : 0.49 (As of Dec. 2024)

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What is The Erawan 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. The Erawan Group PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.49.

The Erawan Group PCL's long-term debt to total assets ratio declined from Dec. 2023 (0.56) to Dec. 2024 (0.49). It may suggest that The Erawan Group PCL is progressively becoming less dependent on debt to grow their business.

The Erawan Group PCL LT-Debt-to-Total-Asset Historical Data

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

The Erawan Group PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.67

0.63

0.62

0.56

0.49

The Erawan 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															0.56	0.53	0.55	0.55	0.49

The Erawan Group PCL LT-Debt-to-Total-Asset Calculation

The Erawan 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 )
	=	12908.927	/	26246.078
	=	0.49

The Erawan 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 )
	=	12908.927	/	26246.078
	=	0.49

The Erawan Group PCL (BKK:ERW) 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.

The Erawan Group PCL LT-Debt-to-Total-Asset Related Terms

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The Erawan Group PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Erawan Group PCL (BKK:ERW) » Definitions » LT-Debt-to-Total-Asset

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ERW-R:Thailand

Address

2 Sukhumvit Road, Ploenchit Center, 6th Floor, Klong Toey District, Bangkok, THA, 10110

Website

https://www.theerawan.com

The Erawan Group PCL is a company that focuses on investing in various companies, engaged in the hotel business and in building rental business. The company operates two business segments: Hotel business segment, which consists of Grand Hyatt Erawan Bangkok, JW Marriott Bangkok, The Naka Island, a Luxury Collection Resort and Spa, Phuket, Renaissance Koh Samui Resort and Spa, Courtyard by Marriott Bangkok, Holiday Inn Pattaya, Mercure Bangkok Siam and Ibis Hotels; and the Rental and management building business segment including Erawan Bangkok, which is a boutique mall to the center of Bangkok's business and commercial district and Ploenchit Center, which is an office building with retail shops and international restaurants. Majority of the revenue is generated from its Hotel business.

The Erawan Group PCL Headlines

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