PM Thoresen Asia Holdings PCL (BKK:PMTA) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2024)

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What is PM Thoresen Asia Holdings 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. PM Thoresen Asia Holdings PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.05.

PM Thoresen Asia Holdings PCL's long-term debt to total assets ratio increased from Dec. 2023 (0.04) to Dec. 2024 (0.05). It may suggest that PM Thoresen Asia Holdings PCL is progressively becoming more dependent on debt to grow their business.

PM Thoresen Asia Holdings PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for PM Thoresen Asia Holdings 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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PM Thoresen Asia Holdings PCL LT-Debt-to-Total-Asset Chart

PM Thoresen Asia Holdings PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.05

0.04

0.05

PM Thoresen Asia Holdings 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															0.04	0.05	0.04	0.04	0.05

PM Thoresen Asia Holdings PCL LT-Debt-to-Total-Asset Calculation

PM Thoresen Asia Holdings 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 )
	=	108.597	/	2408.238
	=	0.05

PM Thoresen Asia Holdings 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 )
	=	108.597	/	2408.238
	=	0.05

PM Thoresen Asia Holdings PCL (BKK:PMTA) 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.

PM Thoresen Asia Holdings PCL LT-Debt-to-Total-Asset Related Terms

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PM Thoresen Asia Holdings PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » PM Thoresen Asia Holdings PCL (BKK:PMTA) » Definitions » LT-Debt-to-Total-Asset

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Address

Soi Chidlom, Ploenchit Road, 26/26-27 Orakarn Building, 8th Floor, Lumpinee, Pathumwan, Bangkok, THA, 10330

Website

https://www.pmthoresenasia.com

PM Thoresen Asia Holdings PCL along with its subsidiaries is engaged in the manufacturing of nitrogen-phosphorus-potassium (NPK) synthesized chemical and micro-element fertilizers, distribution of new seeds and agricultural materials, as well as manufacture, import, and export of plant protection chemicals and macronutrient products. It has two products segments: Manufacture of Fertilizer and crop care products and Factory area management services. The company earns majority of its revenue through the manufacture of fertilizer and crop care products. It has a business presence in Vietnam and other countries.

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