Krungthai Card PCL (BKK:KTC) LT-Debt-to-Total-Asset : 0.46 (As of Dec. 2024)

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What is Krungthai Card 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. Krungthai Card PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.46.

Krungthai Card PCL's long-term debt to total assets ratio declined from Dec. 2023 (0.47) to Dec. 2024 (0.46). It may suggest that Krungthai Card PCL is progressively becoming less dependent on debt to grow their business.

Krungthai Card PCL LT-Debt-to-Total-Asset Historical Data

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

Krungthai Card PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.48

0.49

0.45

0.47

0.46

Krungthai Card 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															0.47	0.48	0.48	0.48	0.46

Krungthai Card PCL LT-Debt-to-Total-Asset Calculation

Krungthai Card 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 )
	=	50492.584	/	111065.881
	=	0.45

Krungthai Card 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 )
	=	50492.584	/	111065.881
	=	0.45

Krungthai Card PCL (BKK:KTC) 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.

Krungthai Card PCL LT-Debt-to-Total-Asset Related Terms

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Krungthai Card PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Krungthai Card PCL (BKK:KTC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

KGTHY:USA KTC-R:Thailand

Address

591 Sukhumvit Road, 14th Floor United Business Center II Building, Klongton Nua, Wattana, Bangkok, THA, 10110

Website

https://www.ktc.co.th

Krungthai Card PCL engaged in credit cards, personal loans and other related businesses. The Company provides services such as Credit Cards, Personal Loans, KTC Brother Boom Money, MAAI by KTC, Shop business and many. The company operations relate to a single business segment which is the financial services business and are carried out in a single geographic area which is Thailand.

Krungthai Card PCL Headlines

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