Successmore Being PCL (BKK:SCM) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is Successmore Being 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. Successmore Being PCL's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Successmore Being PCL's long-term debt to total assets ratio increased from Sep. 2023 (0.01) to Sep. 2024 (0.02). It may suggest that Successmore Being PCL is progressively becoming more dependent on debt to grow their business.

Successmore Being PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Successmore Being 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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Successmore Being PCL LT-Debt-to-Total-Asset Chart

Successmore Being PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.03

0.02

0.01

Successmore Being 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															0.01	0.01	0.01	0.01	0.02

Successmore Being PCL LT-Debt-to-Total-Asset Calculation

Successmore Being 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 )
	=	11.804	/	887.59
	=	0.01

Successmore Being 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 )
	=	14.064	/	798.098
	=	0.02

Successmore Being PCL (BKK:SCM) 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.

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Successmore Being PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Successmore Being PCL (BKK:SCM) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

10/1-2 Rachadaphisek Road, Chatuchak sub-district, Chatuchak district, Bangkok, THA, 10900

Website

https://www.successmore.com

Successmore Being PCL is engaged in operating the business of manufacturing and direct sales of cosmetics, equipment and tools for beauty, food supplements, and consumption goods including agricultural goods. Its products include NUTRINAL; BODY CHEER; NEATLY HOME; S MONE'; GROWING MORE; and SMART CREATION, among others. Its segments include Multi-Level Marketing; Distributor Sales; Rendering Services, and Providing hire-purchase services.