Starflex PCL (BKK:SFLEX) LT-Debt-to-Total-Asset : 0.15 (As of Sep. 2024)

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What is Starflex 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. Starflex PCL's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.15.

Starflex PCL's long-term debt to total assets ratio increased from Sep. 2023 (0.08) to Sep. 2024 (0.15). It may suggest that Starflex PCL is progressively becoming more dependent on debt to grow their business.

Starflex PCL LT-Debt-to-Total-Asset Historical Data

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

Starflex PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.02

0.06

0.11

0.08

Starflex 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															0.08	0.08	0.09	0.16	0.15

Starflex PCL LT-Debt-to-Total-Asset Calculation

Starflex 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 )
	=	168.117	/	2036.097
	=	0.08

Starflex 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 )
	=	325.189	/	2181.166
	=	0.15

Starflex PCL (BKK:SFLEX) 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.

Starflex PCL LT-Debt-to-Total-Asset Related Terms

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Starflex PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Starflex PCL (BKK:SFLEX) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

SFLEX-R:Thailand

Address

189 / 48-49 Moo.3, Theparak Road, T. Bangpreang, A. Bangbo, Samutprakan, Bangkok, THA, 10560

Website

https://www.starflex.co.th

Starflex PCL is engaged in the manufacture and distribution of flexible packaging. The company provides packaging for home and personal products, medical products, and food industries. There are three operating business segments: Packaging products for food, Packaging products for non-food, and Other segment. The Non-food packaging segment generates a vast majority of the revenues. The company operates in Thailand only.

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