Grand Prix International PCL (BKK:GPI) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is Grand Prix International 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. Grand Prix International PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Grand Prix International PCL's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.01). It may suggest that Grand Prix International PCL is progressively becoming more dependent on debt to grow their business.

Grand Prix International PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Grand Prix International 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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Grand Prix International PCL LT-Debt-to-Total-Asset Chart

Grand Prix International PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

Grand Prix International 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															-	-	0.01	0.01	0.01

Grand Prix International PCL LT-Debt-to-Total-Asset Calculation

Grand Prix International 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 )
	=	6.268	/	881.171
	=	0.01

Grand Prix International 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 )
	=	6.268	/	881.171
	=	0.01

Grand Prix International PCL (BKK:GPI) 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.

Grand Prix International PCL LT-Debt-to-Total-Asset Related Terms

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Grand Prix International PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Grand Prix International PCL (BKK:GPI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ladplaklao Road, No. 4/299, Moo 5, Soi Ladplaklao 66, Kwang Anusaovaree, Khet Bangkhen, Bangkok, THA, 10220

Website

https://www.grandprix.co.th

Grand Prix International PCL is engaged in Providing space for motor shows, exhibitions, and automotive-related products and marketing promotion services, Advertising media in printing, television, and website, Production and distribution of books, Printing services, and Others. The business operation of the company is divided into segments namely Activities, Media & Publishing, Provide Printing Services, and Other segment. The company derives a majority of its revenue from the Activities segment.