PTT Global Chemical PCL (BKK:PTTGC-F) LT-Debt-to-Total-Asset : 0.35 (As of Sep. 2024)

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What is PTT Global Chemical 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. PTT Global Chemical PCL's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.35.

PTT Global Chemical PCL's long-term debt to total assets ratio declined from Sep. 2023 (0.38) to Sep. 2024 (0.35). It may suggest that PTT Global Chemical PCL is progressively becoming less dependent on debt to grow their business.

PTT Global Chemical PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for PTT Global Chemical 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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PTT Global Chemical PCL LT-Debt-to-Total-Asset Chart

PTT Global Chemical PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.22

0.27

0.31

0.40

0.37

PTT Global Chemical PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.38	0.37	0.37	0.32	0.35

PTT Global Chemical PCL LT-Debt-to-Total-Asset Calculation

PTT Global Chemical 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 )
	=	266787.389	/	719004.996
	=	0.37

PTT Global Chemical PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	233143.018	/	658127.693
	=	0.35

PTT Global Chemical PCL (BKK:PTTGC-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.

PTT Global Chemical PCL LT-Debt-to-Total-Asset Related Terms

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PTT Global Chemical PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PTT Global Chemical PCL (BKK:PTTGC-F) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PTTGC:Thailand GCB:Germany

Address

Vibhavadi-Rangsit Road, 555/1, Energy Complex, Building A, 18th Floor, Chatuchak, Bangkok, THA, 10900

Website

https://www.pttgcgroup.com

PTT Global Chemical PCL is a Thailand-based company. The reportable segments of the company are; Upstream (including Refinery, Aromatics and Olefins) which generates the majority of the revenue, Intermediates (including EO-Based Performance, Phenol and others) Polymers and Chemicals, Bio and Circularity, Performance Chemicals, Service and Others. Geographically, the majority of revenue is earned in Thailand and also generates revenue from Singapore, Vietnam, India, Germany and other markets.

PTT Global Chemical PCL Headlines

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