Rajthanee Hospital PCL (BKK:RJH) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Rajthanee Hospital 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. Rajthanee Hospital PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.20.

Rajthanee Hospital PCL's long-term debt to total assets ratio increased from Mar. 2023 (0.11) to Mar. 2024 (0.20). It may suggest that Rajthanee Hospital PCL is progressively becoming more dependent on debt to grow their business.

Rajthanee Hospital PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rajthanee Hospital 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.

* Premium members only.

Rajthanee Hospital PCL LT-Debt-to-Total-Asset Chart

Rajthanee Hospital PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

0.16

Rajthanee Hospital PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.14	0.18	0.16	0.20

Rajthanee Hospital PCL LT-Debt-to-Total-Asset Calculation

Rajthanee Hospital 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 )
	=	657.736	/	4020.16
	=	0.16

Rajthanee Hospital PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	782.528	/	3943.952
	=	0.20

Rajthanee Hospital PCL (BKK:RJH) 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.

Rajthanee Hospital PCL LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Rajthanee Hospital PCL's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Rajthanee Hospital PCL (BKK:RJH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rajthanee Hospital PCL (BKK:RJH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 111 Moo 3, Rojana Road, Khlong Suan Phlu Sub-district, Phra Nakhon Si Ayutthaya District, Phra Nakhon Si Ayutthaya, THA, 13000

Website

https://www.rajthanee.com

Rajthanee Hospital PCL is operating in the healthcare sector. It is principally engaged in the provision of healthcare services. In hospital operations, it provides medical services such as cardiology center, emergency accident center, orthopedic center, hemodialysis center, pediatrics center, health screening center, dental center, and radiology center. Its customers include individuals, a group of policyholders of the insurance company, a group of contract parties' company and a group of insured on social security.

Rajthanee Hospital PCL (BKK:RJH) Headlines

No Headlines