PT Cikarang Listrindo Tbk (FRA:B2O) LT-Debt-to-Total-Asset : 0.37 (As of Mar. 2024)

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What is PT Cikarang Listrindo Tbk 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. PT Cikarang Listrindo Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.37.

PT Cikarang Listrindo Tbk's long-term debt to total assets ratio declined from Mar. 2023 (0.39) to Mar. 2024 (0.37). It may suggest that PT Cikarang Listrindo Tbk is progressively becoming less dependent on debt to grow their business.

PT Cikarang Listrindo Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Cikarang Listrindo Tbk'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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PT Cikarang Listrindo Tbk LT-Debt-to-Total-Asset Chart

PT Cikarang Listrindo Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.41

0.40

0.38

PT Cikarang Listrindo Tbk 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															0.39	0.39	0.37	0.38	0.37

PT Cikarang Listrindo Tbk LT-Debt-to-Total-Asset Calculation

PT Cikarang Listrindo Tbk'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 )
	=	457.417	/	1214.318
	=	0.38

PT Cikarang Listrindo Tbk'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 )
	=	459.092	/	1226.933
	=	0.37

PT Cikarang Listrindo Tbk (FRA:B2O) 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.

PT Cikarang Listrindo Tbk LT-Debt-to-Total-Asset Related Terms

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PT Cikarang Listrindo Tbk (FRA:B2O) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PT Cikarang Listrindo Tbk (FRA:B2O) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

POWR:Indonesia

Address

World Trade Centre 1, 17th Floor, Jalan Jend. Sudirman Kav. 29-31, Jakarta, IDN, 12920

Website

https://www.listrindo.com

PT Cikarang Listrindo Tbk is a power-producing company, which is involved in electricity generation and distribution. The firm owns and operates in three locations Jababeka Industrial Estate, Megalopolis Manunggal, and Babelan. Its primary customers are export-oriented industries and small to medium manufacturing companies.

PT Cikarang Listrindo Tbk (FRA:B2O) Headlines

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