Vintcom Technology PCL (BKK:VCOM-R) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Vintcom Technology 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. Vintcom Technology PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Vintcom Technology PCL's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.02). It may suggest that Vintcom Technology PCL is progressively becoming more dependent on debt to grow their business.

Vintcom Technology PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vintcom Technology 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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Vintcom Technology PCL LT-Debt-to-Total-Asset Chart

Vintcom Technology PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.01

0.02

Vintcom Technology PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.02	0.02	0.02

Vintcom Technology PCL LT-Debt-to-Total-Asset Calculation

Vintcom Technology 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 )
	=	26.151	/	1459.237
	=	0.02

Vintcom Technology PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	24.64	/	1375.941
	=	0.02

Vintcom Technology PCL (BKK:VCOM-R) 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.

Vintcom Technology PCL LT-Debt-to-Total-Asset Related Terms

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Vintcom Technology PCL (BKK:VCOM-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vintcom Technology PCL (BKK:VCOM-R) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VCOM:Thailand

Address

Sukhumvit 21 Road (Asoke), 14th Floor, 159/21 Serm-Mit Tower, Unit 1401, North-Klongtoey, Wattana, Bangkok, THA, 10110

Website

https://www.vintcom.co.th

Vintcom Technology PCL is a Thailand-based company engaged in trading computers and equipment including related software and related services for the computer. It operates in two segments - Sale of goods and Rendering of services. It generates a majority of its revenue from the sale of goods segment. Geographically, the firm earns substantial revenue from Thailand and also serves Myanmar, Cambodia and other countries.

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