KEX Express (Thailand) PCL (BKK:KEX) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is KEX Express (Thailand) 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. KEX Express (Thailand) PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.04.

KEX Express (Thailand) PCL's long-term debt to total assets ratio declined from Dec. 2023 (0.09) to Dec. 2024 (0.04). It may suggest that KEX Express (Thailand) PCL is progressively becoming less dependent on debt to grow their business.

KEX Express (Thailand) PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for KEX Express (Thailand) 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.

KEX Express (Thailand) PCL LT-Debt-to-Total-Asset Chart

KEX Express (Thailand) PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.19

0.13

0.08

0.09

0.04

KEX Express (Thailand) 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															0.09	0.08	0.08	0.05	0.04

KEX Express (Thailand) PCL LT-Debt-to-Total-Asset Calculation

KEX Express (Thailand) 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 )
	=	306.832	/	7476.239
	=	0.04

KEX Express (Thailand) 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 )
	=	306.832	/	7476.239
	=	0.04

KEX Express (Thailand) PCL (BKK:KEX) 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.

KEX Express (Thailand) PCL LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of KEX Express (Thailand) PCL's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

KEX Express (Thailand) PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » KEX Express (Thailand) PCL (BKK:KEX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

KEX-R:Thailand

Address

No. 89, Soi Wat Suanphloo, Charoen Krung Road, 906, 9th Floor, Chao Phraya Tower, Bang Rak, Bangkok, THA, 10500

Website

https://th.kerryexpress.com

KEX Express (Thailand) PCL is a Thailand-based parcel delivery company. The principal business operations of the Company and its subsidiaries is domestic and international parcel delivery service. The Company's subsidiaries include KETH Corporate Services Limited, which is engaged in providing administrative and corporate support; KEX Express Service Limited, which is engaged in providing transportation services; Kerry Express Betagro Company Limited, which is engaged in providing cold-chain delivery services, and KEX Express Central Company Limited, which is engaged in providing bulk item delivery services.