Thai Auto Tools and Die PCL (BKK:TATG) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

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What is Thai Auto Tools and Die 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. Thai Auto Tools and Die PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Thai Auto Tools and Die PCL's long-term debt to total assets ratio declined from Dec. 2023 (0.16) to Dec. 2024 (0.08). It may suggest that Thai Auto Tools and Die PCL is progressively becoming less dependent on debt to grow their business.

Thai Auto Tools and Die PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Thai Auto Tools and Die 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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Thai Auto Tools and Die PCL LT-Debt-to-Total-Asset Chart

Thai Auto Tools and Die PCL Annual Data

Trend

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.22

0.16

0.08

Thai Auto Tools and Die PCL Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	0.22	-	0.16	0.13	0.08

Thai Auto Tools and Die PCL LT-Debt-to-Total-Asset Calculation

Thai Auto Tools and Die 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 )
	=	187.653	/	2256.425
	=	0.08

Thai Auto Tools and Die 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 )
	=	187.653	/	2256.425
	=	0.08

Thai Auto Tools and Die PCL (BKK:TATG) 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.

Thai Auto Tools and Die PCL LT-Debt-to-Total-Asset Related Terms

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Thai Auto Tools and Die PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thai Auto Tools and Die PCL (BKK:TATG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

45/6, 45/9 Village No. 11, Khu Bang Luang Subdistrict, Lat Lum Kaeo District, Pathum Thani Province, Bangkok, THA, 12140

Website

https://www.thaiautotools.co.th

Thai Auto Tools and Die PCL is engaged in designing and manufacturing tools for the automotive industry (Tooling) including Stamping Dies, Checking Fixtures, and Assembly Jigs, and manufacture Automotive press parts.

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