Thai Nam Plastic PCL (BKK:TNPC) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

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What is Thai Nam Plastic 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 Nam Plastic PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

Thai Nam Plastic PCL's long-term debt to total assets ratio declined from Dec. 2023 (0.12) to Dec. 2024 (0.06). It may suggest that Thai Nam Plastic PCL is progressively becoming less dependent on debt to grow their business.

Thai Nam Plastic PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Thai Nam Plastic 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 Nam Plastic PCL LT-Debt-to-Total-Asset Chart

Thai Nam Plastic PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.12

0.16

0.12

0.06

Thai Nam Plastic 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															0.12	0.09	0.08	0.07	0.06

Thai Nam Plastic PCL LT-Debt-to-Total-Asset Calculation

Thai Nam Plastic 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 )
	=	77.84	/	1310.102
	=	0.06

Thai Nam Plastic 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 )
	=	77.84	/	1310.102
	=	0.06

Thai Nam Plastic PCL (BKK:TNPC) 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 Nam Plastic PCL LT-Debt-to-Total-Asset Related Terms

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Thai Nam Plastic PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thai Nam Plastic PCL (BKK:TNPC) » Definitions » LT-Debt-to-Total-Asset

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TNPC-R:Thailand

Address

Petchakasem Road, KM.23, 40 Moo 7, Omnoi, Amphur Kratumban, Samutsakorn, THA, 74130

Website

https://www.thainam.com

Thai Nam Plastic PCL engages in the production and distribution of flexible plastic, synthetic leather, and car mats. The company produces both Polyvinyl chloride (PVC) and non-PVC plastic products, such as Solid sheets and Synthetic leather used for making automotive interior parts, Sports shoes, Furniture, and Stationery. It operates through the Manufacturing of Plastic Parts of the Automobile Industry Group and Other segments. The Manufacturing of Plastic Parts of the Automobile Industry Group segment, which accounts for the majority of revenue, manufactures artificial leather and automobile rubber flooring. The Other segment produces various types of plastics both soft and rigid, rolls and plates. The group has a business presence in Thailand and other countries.

Thai Nam Plastic PCL Headlines

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