The Practical Solution PCL (BKK:TPS) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2024)

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What is The Practical Solution 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. The Practical Solution PCL's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.03.

The Practical Solution PCL's long-term debt to total assets ratio declined from Jun. 2023 (0.05) to Jun. 2024 (0.03). It may suggest that The Practical Solution PCL is progressively becoming less dependent on debt to grow their business.

The Practical Solution PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for The Practical Solution 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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The Practical Solution PCL LT-Debt-to-Total-Asset Chart

The Practical Solution PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.01

0.05

0.03

The Practical Solution PCL Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.04	0.03	0.03	0.03

The Practical Solution PCL LT-Debt-to-Total-Asset Calculation

The Practical Solution 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 )
	=	35.365	/	1098.566
	=	0.03

The Practical Solution PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	29.057	/	1061.513
	=	0.03

The Practical Solution PCL (BKK:TPS) 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.

The Practical Solution PCL LT-Debt-to-Total-Asset Related Terms

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The Practical Solution PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » The Practical Solution PCL (BKK:TPS) » Definitions » LT-Debt-to-Total-Asset

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Address

Rachadapisek Road, 99 Cement Thai Alley, Lat Yao, Chatuchak, Bangkok, THA, 10900

Website

https://www.thepractical.co.th

The Practical Solution PCL is engaged in the distribution and installation of computer network systems, fully integrated communication systems, wireless communication systems, network security systems, data center solution and management systems and network system management including to provide maintenance services related to such systems. The firm operates in the segments of Sales including installment, and Others. It also provides after-sales service and system maintenance and other information technology services. Its products and services include Cisco, Paloalto, Netapp, Fortinet, system installation and maintenance. The company operates its business in Thailand.

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