Right Tunnelling PCL (BKK:RT) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2024)

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What is Right Tunnelling 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. Right Tunnelling PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.16.

Right Tunnelling PCL's long-term debt to total assets ratio declined from Dec. 2023 (0.26) to Dec. 2024 (0.16). It may suggest that Right Tunnelling PCL is progressively becoming less dependent on debt to grow their business.

Right Tunnelling PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Right Tunnelling 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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Right Tunnelling PCL LT-Debt-to-Total-Asset Chart

Right Tunnelling PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.06

0.21

0.26

0.16

Right Tunnelling 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															0.26	0.13	0.13	0.12	0.16

Right Tunnelling PCL LT-Debt-to-Total-Asset Calculation

Right Tunnelling 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 )
	=	988.693	/	6173.408
	=	0.16

Right Tunnelling 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 )
	=	988.693	/	6173.408
	=	0.16

Right Tunnelling PCL (BKK:RT) 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.

Right Tunnelling PCL LT-Debt-to-Total-Asset Related Terms

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Right Tunnelling PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Right Tunnelling PCL (BKK:RT) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

RT-R:Thailand

Address

292 Moo 4, Bangna-Trad (KM 26) Road, Bangbor Subdistrict, Bangbor District, Samut Prakan, THA, 10560

Website

https://www.rtco.co.th

Right Tunnelling PCL is a civil engineering service provider. It specializes in geology and special techniques such as tunnel construction, rock drilling, rock blasting, mining construction, soil boring tests, and concrete structures. The clients of the company include both the public and private sectors. The company offers services related to tunnel and shaft construction, dam construction, hydropower plant construction, and pipe jacking projects. The company operates in two geographic segments of Thailand and overseas (Myanmar, The Lao People's Democratic Republic, and Cambodia). Geographically, it derives a majority of its revenue from Thailand.