The Thai Setakij Insurance PCL (BKK:TSI) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

View and export this data going back to 1991. Start your Free Trial

What is The Thai Setakij Insurance 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 Thai Setakij Insurance PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

The Thai Setakij Insurance PCL's long-term debt to total assets ratio declined from Dec. 2023 (0.02) to Dec. 2024 (0.01). It may suggest that The Thai Setakij Insurance PCL is progressively becoming less dependent on debt to grow their business.

The Thai Setakij Insurance PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for The Thai Setakij Insurance 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.

* Premium members only.

The Thai Setakij Insurance PCL LT-Debt-to-Total-Asset Chart

The Thai Setakij Insurance PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.01

The Thai Setakij Insurance 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															0.02	0.02	0.01	0.01	0.01

The Thai Setakij Insurance PCL LT-Debt-to-Total-Asset Calculation

The Thai Setakij Insurance 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 )
	=	21.199	/	1616.53
	=	0.01

The Thai Setakij Insurance 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 )
	=	21.199	/	1616.53
	=	0.01

The Thai Setakij Insurance PCL (BKK:TSI) 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 Thai Setakij Insurance PCL LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of The Thai Setakij Insurance PCL's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

The Thai Setakij Insurance PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Thai Setakij Insurance PCL (BKK:TSI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TSI-R:Thailand

Address

Wireless Road, 15th Floor, Unit no. 1 and 4-6, 87 M. Thai Tower, All Seasons Place, Lumpini Subdistrict, Pathumwan District, Bangkok, THA, 10330

Website

http://www.tsi.co.th

The Thai Setakij Insurance PCL is a company operating in the insurance sector. The primary activity of the company is to provide non-life insurance services. Its non-life insurance products include Fire insurance; Marine and transportation insurance; Motor insurance; and Miscellaneous insurance. The company operates principally in Thailand and generates key revenue from the Motor insurance Business unit.