Thai Optical Group PCL (BKK:TOG) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2024)

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What is Thai Optical Group 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 Optical Group PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.12.

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

Thai Optical Group PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Thai Optical Group 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 Optical Group PCL LT-Debt-to-Total-Asset Chart

Thai Optical Group 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

0.09

0.12

Thai Optical Group 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															0.09	0.08	0.08	0.12	0.12

Thai Optical Group PCL LT-Debt-to-Total-Asset Calculation

Thai Optical Group 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 )
	=	526.034	/	4396.859
	=	0.12

Thai Optical Group 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 )
	=	526.034	/	4396.859
	=	0.12

Thai Optical Group PCL (BKK:TOG) 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 Optical Group PCL LT-Debt-to-Total-Asset Related Terms

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Thai Optical Group PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Thai Optical Group PCL (BKK:TOG) » Definitions » LT-Debt-to-Total-Asset

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TOG-R:Thailand

Address

6 Bangbuathong-Suphanburi Road, 15/5 Moo, Laharn Sub-district, Bangbuathong, Nonthaburi, THA, 11110

Website

https://www.thaiopticalgroup.com

Thai Optical Group PCL is engaged in the manufacturing and distribution of plastic lenses and related products. The company's products include Organic lenses, Mineral lenses, and Prescription Lenses. It has two reporting segments: Plastic and glass lens, which produce and sell optical lenses; Other products and services which are the sale of the glass mold, trading goods purchased for resale, glasses assembly services, and surface treatments. The majority of the revenue is generated from the plastic and glass lens segment. The company also operates in Europe, Australia, Asia and Pacific, America, Africa and Middle East. Majority of revenue is from America.

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