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Sirisoft PCL (BKK:SRS) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2024)


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What is Sirisoft 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. Sirisoft PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.09.

Sirisoft PCL's long-term debt to total assets ratio declined from Dec. 2023 (0.12) to Dec. 2024 (0.09). It may suggest that Sirisoft PCL is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for Sirisoft 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.

Sirisoft PCL LT-Debt-to-Total-Asset Chart

Sirisoft PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
0.17 0.21 0.16 0.12 0.09

Sirisoft PCL Quarterly Data
Dec20 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.11 0.10 0.10 0.09

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

Sirisoft PCL's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=118.046/1384.139
=0.09

Sirisoft PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=118.046/1384.139
=0.09

* 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.


Sirisoft PCL  (BKK:SRS) 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.


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

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Sirisoft PCL Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ratchadaphisek Road, 15th Floor, 89 AIA Capital Center Building, Dindaeng district, Bangkok, THA, 10400
Sirisoft PCL is an innovative, forward-thinking IT service provider focusing on Database, Software Engineer and Application Integration, and Software Development. The company's core business capabilities are to provide end-to-end technology services from infrastructure architecture design and consulting, to day-to-day operation, conduct monitoring, performance tuning, troubleshooting and pro-active maintenance services, based on technologies that are specific to clients's requirements.

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