Thai Solar Energy PCL (BKK:TSE) LT-Debt-to-Total-Asset : 0.34 (As of Dec. 2024)

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What is Thai Solar Energy 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 Solar Energy PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.34.

Thai Solar Energy PCL's long-term debt to total assets ratio increased from Dec. 2023 (0.28) to Dec. 2024 (0.34). It may suggest that Thai Solar Energy PCL is progressively becoming more dependent on debt to grow their business.

Thai Solar Energy PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Thai Solar Energy 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 Solar Energy PCL LT-Debt-to-Total-Asset Chart

Thai Solar Energy PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.52

0.50

0.55

0.28

0.34

Thai Solar Energy 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															0.28	0.17	0.19	0.18	0.34

Thai Solar Energy PCL LT-Debt-to-Total-Asset Calculation

Thai Solar Energy 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 )
	=	2586.124	/	7724.131
	=	0.33

Thai Solar Energy 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 )
	=	2586.124	/	7724.131
	=	0.33

Thai Solar Energy PCL (BKK:TSE) 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 Solar Energy PCL LT-Debt-to-Total-Asset Related Terms

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Thai Solar Energy PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Thai Solar Energy PCL (BKK:TSE) » Definitions » LT-Debt-to-Total-Asset

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TSE-R:Thailand

Address

Sukhumvit Road, 19th Floor, 725 S-Metro Building, Klongton Nua, Wattana, Bangkok, THA, 10110

Website

https://www.thaisolarenergy.com

Thai Solar Energy PCL is engaged in the generation and distribution of electricity from solar power to the government and private sector. The company has its operational footprints in Thailand and Japan. Its operating segments are Domestic and International of which, the company generates a majority of its revenue from the Domestic segment. The firm's projects are Solar PV Farms Thailand, Solar PV Farms Japan, Solar PV Rooftop Plants Thailand and Biomass Power Plants.