World Flex PCL (BKK:WFX) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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

World Flex PCL's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.01). It may suggest that World Flex PCL is progressively becoming more dependent on debt to grow their business.

World Flex PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for World Flex 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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World Flex PCL LT-Debt-to-Total-Asset Chart

World Flex PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

0.02

0.08

0.01

World Flex PCL Quarterly Data
	Dec19	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														-	0.04	0.03	0.02	0.01

World Flex PCL LT-Debt-to-Total-Asset Calculation

World Flex 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 )
	=	25.857	/	2464.22
	=	0.01

World Flex 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 )
	=	25.857	/	2464.22
	=	0.01

World Flex PCL (BKK:WFX) 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.

World Flex PCL LT-Debt-to-Total-Asset Related Terms

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World Flex PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » World Flex PCL (BKK:WFX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Highway 3191, No. 59/1 Moo 5, Tambol Manam Koo, Amphur Pluakdaeng, Rayong, THA, 21140

Website

https://www.worldflex.net

World Flex PCL is engaged in the manufacturing of high-quality rubber thread. Its products include rubber threads coated with talcum and rubber threads coated with polymer, both of which are ideal for the textile industry that requires softness and swiftness and are also ideal for all types of machinery. The company's products are marketed through brands like World Flex, Thaitex, Qualiflex, Chang Thai, Pegasus Red, Pegasus Blue, and LT Rubber. Geographically, the company generates a majority of its revenue from the People's Republic of China and the rest from Vietnam, Brazil, Russia, Thailand, Pakistan, Indonesia, Bangladesh, Iran, and other countries.

World Flex PCL Headlines

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