S Khonkaen Foods PCL (BKK:SORKON) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

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What is S Khonkaen Foods 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. S Khonkaen Foods PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

S Khonkaen Foods PCL's long-term debt to total assets ratio declined from Mar. 2023 (0.17) to Mar. 2024 (0.13). It may suggest that S Khonkaen Foods PCL is progressively becoming less dependent on debt to grow their business.

S Khonkaen Foods PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for S Khonkaen Foods 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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S Khonkaen Foods PCL LT-Debt-to-Total-Asset Chart

S Khonkaen Foods PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.16

0.18

0.17

0.18

0.12

S Khonkaen Foods 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															0.17	0.16	0.13	0.12	0.13

S Khonkaen Foods PCL LT-Debt-to-Total-Asset Calculation

S Khonkaen Foods 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 )
	=	348.783	/	2977.909
	=	0.12

S Khonkaen Foods 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 )
	=	398.335	/	3030.584
	=	0.13

S Khonkaen Foods PCL (BKK:SORKON) 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.

S Khonkaen Foods PCL LT-Debt-to-Total-Asset Related Terms

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S Khonkaen Foods PCL (BKK:SORKON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » S Khonkaen Foods PCL (BKK:SORKON) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukhumvit 71 Road (Pridi Banomyong), 259/13 Soi Pridi Banomyong 13, Phrakanong Nuer, Vadhana, Bangkok, THA, 10110

Website

https://www.sorkon.co.th

S Khonkaen Foods PCL is principally engaged in the manufacture and distribution of processed food products from meat and seafood, restaurants, and swine farm. The company's four reportable segments are Processed food from pork, Processed seafood, Restaurants, and Swine farm, of which key revenue is derived from the Processed food from pork and Processed seafood segment. The group has a business presence in Thailand and Other countries. The majority of revenue is derived from Thailand.

S Khonkaen Foods PCL (BKK:SORKON) Headlines

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