Power Line Engineering PCL (BKK:PLE-F) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

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What is Power Line Engineering 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. Power Line Engineering PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Power Line Engineering PCL's long-term debt to total assets ratio declined from Dec. 2022 (0.04) to Dec. 2023 (0.01). It may suggest that Power Line Engineering PCL is progressively becoming less dependent on debt to grow their business.

Power Line Engineering PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Power Line Engineering 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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Power Line Engineering PCL LT-Debt-to-Total-Asset Chart

Power Line Engineering PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.04

0.01

Power Line Engineering PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.05	0.06	0.06	0.01

Power Line Engineering PCL LT-Debt-to-Total-Asset Calculation

Power Line Engineering 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 )
	=	225.986	/	15942.745
	=	0.01

Power Line Engineering PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	225.986	/	15942.745
	=	0.01

Power Line Engineering PCL (BKK:PLE-F) 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.

Power Line Engineering PCL LT-Debt-to-Total-Asset Related Terms

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Power Line Engineering PCL (BKK:PLE-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Power Line Engineering PCL (BKK:PLE-F) » Definitions » LT-Debt-to-Total-Asset

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PLE:Thailand

Address

2 Soi Sukhumvit 81 (Siripot), Sukhumvit Road, Bangjak, Phra Khanong, Bangkok, THA, 10260

Website

https://www.ple.co.th

Power Line Engineering PCL is a Thailand-based company engaged in the businesses of system installation of electrical, telecommunication, air condition, sanitary and fire protection and civil construction. The operations of the company principally involve construction contracting and property development, and are mostly carried out in a single geographic area of Thailand.

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