Green Tech Ventures PCL (BKK:GTV) LT-Debt-to-Total-Asset : 0.08 (As of Jun. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Green Tech Ventures 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. Green Tech Ventures PCL's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.08.

Green Tech Ventures PCL's long-term debt to total assets ratio declined from Jun. 2023 (0.22) to Jun. 2024 (0.08). It may suggest that Green Tech Ventures PCL is progressively becoming less dependent on debt to grow their business.

Green Tech Ventures PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Green Tech Ventures 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.

* Premium members only.

Green Tech Ventures PCL LT-Debt-to-Total-Asset Chart

Green Tech Ventures PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.16

0.12

0.15

Green Tech Ventures 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															0.22	0.18	0.15	0.09	0.08

Green Tech Ventures PCL LT-Debt-to-Total-Asset Calculation

Green Tech Ventures 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 )
	=	815.959	/	5559.748
	=	0.15

Green Tech Ventures 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 )
	=	472.688	/	5664.102
	=	0.08

Green Tech Ventures PCL (BKK:GTV) 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.

Green Tech Ventures PCL LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Green Tech Ventures PCL's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Green Tech Ventures PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Green Tech Ventures PCL (BKK:GTV) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

GTV-F:Thailand

Address

Ratchadamri Road, 127, Gaysorn Tower Building, Floor 28, Room no. A,B,D, Lumpini, Pathumwan, Bangkok, THA, 10330

Website

https://www.unitedpowerofasia.com

Green Tech Ventures PCL is engaged in the business of electricity-generating, and property development. Some of the projects of the company in the power business include Phase 2: 200MW, Phase 2: 200 MW ESIA process, and others. In the real estate segment, the projects of the company include the Pino Khaoyai and the Phang Nga Project. The company generates a majority of its revenue from the electricity segment in Thailand.

Green Tech Ventures PCL Headlines

No Headlines