KT Medical Service PCL (BKK:KTMS) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2023)

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What is KT Medical Service 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. KT Medical Service PCL's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.05.

KT Medical Service PCL's long-term debt to total assets ratio declined from Sep. 2022 (0.16) to Sep. 2023 (0.05). It may suggest that KT Medical Service PCL is progressively becoming less dependent on debt to grow their business.

KT Medical Service PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for KT Medical Service 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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KT Medical Service PCL LT-Debt-to-Total-Asset Chart

KT Medical Service PCL Annual Data

Trend

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.15

0.12

0.10

KT Medical Service PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.16	0.10	0.08	0.06	0.05

KT Medical Service PCL LT-Debt-to-Total-Asset Calculation

KT Medical Service PCL's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	68.448	/	682.189
	=	0.10

KT Medical Service PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	33.968	/	656.38
	=	0.05

KT Medical Service PCL (BKK:KTMS) 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.

KT Medical Service PCL LT-Debt-to-Total-Asset Related Terms

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KT Medical Service PCL (BKK:KTMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » KT Medical Service PCL (BKK:KTMS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

95 Soi Ram Intra 117 Ram Intra Road, Khwaeng Minburi, Khet Minburi, Bangkok, THA, 10510

Website

https://www.ktms.co.th

KT Medical Service PCL is engaged in hemodialysis center, design, assembly and installation of pure water treatment system and service preventive maintenance of pure water treatment system for commercial and residential sector, industrial and original equipment manufacturing of water system sector and medical service sector. It has three segments which are Service of hemodialysis, Service of design and installation of pure water treatment system and service preventive maintenance of pure water treatment system for medical service and Services of design and installation of pneumatic tube system of equipment for medical service. The Group operates in Thailand.

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