SG Capital PCL (BKK:SGC) LT-Debt-to-Total-Asset : 0.47 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is SG Capital 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. SG Capital PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.47.

SG Capital PCL's long-term debt to total assets ratio declined from Mar. 2023 (0.63) to Mar. 2024 (0.47). It may suggest that SG Capital PCL is progressively becoming less dependent on debt to grow their business.

SG Capital PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for SG Capital 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.

SG Capital PCL LT-Debt-to-Total-Asset Chart

SG Capital PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.66

0.63

0.58

SG Capital PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.63	0.75	0.67	0.58	0.47

SG Capital PCL LT-Debt-to-Total-Asset Calculation

SG Capital 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 )
	=	7731.151	/	13454.871
	=	0.57

SG Capital 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 )
	=	6435.085	/	13755.098
	=	0.47

SG Capital PCL (BKK:SGC) 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.

SG Capital PCL LT-Debt-to-Total-Asset Related Terms

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

SG Capital PCL (BKK:SGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SG Capital PCL (BKK:SGC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72 Charoen Krung Road, Telecommunication Tower, Building 20th Floor, Bangrak, Bangkok, THA, 10500

Website

https://www.sgcapital.co.th

SG Capital PCL is engaged in providing financial services to non-financial institutions. It offers various services such as hire-purchase of electrical appliances and household appliances, commercial appliances and machinery (Captive Finance); and loans with vehicle registration as collateral (trucks, passenger cars, commercial vehicles), debt consolidation welfare loans, and gold installment loans (Click2Gold) under the name SG Capital. The Company is managed and operates principally in Thailand.