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TBN PCL (BKK:TBN) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)


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What is TBN 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. TBN PCL's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

TBN PCL's long-term debt to total assets ratio declined from Sep. 2023 (0.05) to Sep. 2024 (0.04). It may suggest that TBN PCL is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for TBN 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.

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

TBN PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.06 0.05 0.03 0.13 0.04

TBN PCL Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.04 0.04 0.04 0.04

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

TBN 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 )
=27.698/686.923
=0.04

TBN 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 )
=27.989/713.964
=0.04

* 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.

TBN PCL  (BKK:TBN) 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.

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

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TBN PCL Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » TBN Corp PCL (BKK:TBN) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N/A
Address
Sukhumvit 21 (Asoke) Road, Floor. 15, Room No. 1501-1502, 54 Bangkok Business Building, Klong Toey Nua, Wattana, Bangkok, THA, 10110
Website
https://www.tbn.co.th
TBN Corp PCL is Thailand's first low-code solutions provider. Its main business activity and for which it has three major customers that is selling and developing software for various organizations, including consulting on software development.