Thantawan Industry PCL (BKK:THIP) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)

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What is Thantawan Industry 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. Thantawan Industry PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

Thantawan Industry PCL's long-term debt to total assets ratio increased from Dec. 2023 (0.01) to Dec. 2024 (0.07). It may suggest that Thantawan Industry PCL is progressively becoming more dependent on debt to grow their business.

Thantawan Industry PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Thantawan Industry 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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Thantawan Industry PCL LT-Debt-to-Total-Asset Chart

Thantawan Industry PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.01

0.07

Thantawan Industry PCL Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	-	-	0.07

Thantawan Industry PCL LT-Debt-to-Total-Asset Calculation

Thantawan Industry 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 )
	=	258.657	/	3764.773
	=	0.07

Thantawan Industry 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 )
	=	258.657	/	3764.773
	=	0.07

Thantawan Industry PCL (BKK:THIP) 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.

Thantawan Industry PCL LT-Debt-to-Total-Asset Related Terms

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Thantawan Industry PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Thantawan Industry PCL (BKK:THIP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

THIP-R:Thailand

Address

Soi Kangwal 2, Phetkasem Road, 143-144, Moo 8, Omyai, Sampran, Nakornpathom, THA, 73160

Website

https://www.thantawan.com

Thantawan Industry PCL is a Thailand-based company that engages in the manufacturing and selling of plastic products, such as general plastic bags, thin bags, and drinking straws. The Group manufactures and sell plastic products, which dividend into two main products are plastic bag and straw products. Other products are Zipper tape and resin scrap, etc. Key revenue is generated from Plastic bag. Its geographical area of its operation is Thailand and Vietnam.

Thantawan Industry PCL Headlines

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