Star Petroleum Refining PCL (BKK:SPRC) LT-Debt-to-Total-Asset : 0.12 (As of Sep. 2024)

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What is Star Petroleum Refining 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. Star Petroleum Refining PCL's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.12.

Star Petroleum Refining PCL's long-term debt to total assets ratio increased from Sep. 2023 (0.01) to Sep. 2024 (0.12). It may suggest that Star Petroleum Refining PCL is progressively becoming more dependent on debt to grow their business.

Star Petroleum Refining PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Star Petroleum Refining 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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Star Petroleum Refining PCL LT-Debt-to-Total-Asset Chart

Star Petroleum Refining PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.19

0.06

0.01

Star Petroleum Refining 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	0.10	0.10	0.12

Star Petroleum Refining PCL LT-Debt-to-Total-Asset Calculation

Star Petroleum Refining 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 )
	=	529.248	/	65659.767
	=	0.01

Star Petroleum Refining 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 )
	=	8322.601	/	67127.743
	=	0.12

Star Petroleum Refining PCL (BKK:SPRC) 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.

Star Petroleum Refining PCL LT-Debt-to-Total-Asset Related Terms

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Star Petroleum Refining PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Star Petroleum Refining PCL (BKK:SPRC) » Definitions » LT-Debt-to-Total-Asset

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SPRC-R:Thailand

Address

No.1, I-3B Road, Tambol Map Ta Phut, Amphur Muang Rayong, Rayong, THA, 21150

Website

https://www.sprc.co.th

Star Petroleum Refining PCL operates petroleum refinery in Thailand. The company produces multiple petroleum products such as Liquefied Petroleum Gas, gasoline, jet fuel, diesel, fuel oil, asphalt, and others. Geographically the majority of its sales are conducted in Thailand. However, the company also produces petroleum products for international markets.