Petro Vietnam Phuoc An Port Investment & Operation JSC (HSTC:PAP) LT-Debt-to-Total-Asset : 0.41 (As of Sep. 2024)

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What is Petro Vietnam Phuoc An Port Investment & Operation JSC 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. Petro Vietnam Phuoc An Port Investment & Operation JSC's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.41.

Petro Vietnam Phuoc An Port Investment & Operation JSC's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Sep. 2024 (0.41). It may suggest that Petro Vietnam Phuoc An Port Investment & Operation JSC is progressively becoming more dependent on debt to grow their business.

Petro Vietnam Phuoc An Port Investment & Operation JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Petro Vietnam Phuoc An Port Investment & Operation JSC'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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Petro Vietnam Phuoc An Port Investment & Operation JSC LT-Debt-to-Total-Asset Chart

Petro Vietnam Phuoc An Port Investment & Operation JSC Annual Data

Trend

LT-Debt-to-Total-Asset

Petro Vietnam Phuoc An Port Investment & Operation JSC Quarterly Data
	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	0.28	0.38	0.41

Petro Vietnam Phuoc An Port Investment & Operation JSC LT-Debt-to-Total-Asset Calculation

Petro Vietnam Phuoc An Port Investment & Operation JSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )	=	Long-Term Debt & Capital Lease Obligation (A: . 20 )	/	Total Assets (A: . 20 )
	=		/
	=

Petro Vietnam Phuoc An Port Investment & Operation JSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	2767464.198	/	6692023.687
	=

Petro Vietnam Phuoc An Port Investment & Operation JSC (HSTC:PAP) 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.

Petro Vietnam Phuoc An Port Investment & Operation JSC LT-Debt-to-Total-Asset Related Terms

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Petro Vietnam Phuoc An Port Investment & Operation JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Petro Vietnam Phuoc An Port Investment & Operation JSC (HSTC:PAP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Phuoc An Port Logistics Service Area, Ba Truong Hamlet, Phuoc An Commune, Nhon Trach District, Dong Nai Province, Ho Chi Minh City, VNM

Website

http://www.pap.vn

Petro Vietnam Phuoc An Port Investment & Operation JSC engages in exploitation and development of Port and Logistics Zone. Its services includes Trading maritime, waterway, and overland transportation; Shipping agency; Hiring and renting transportation facilities, handling and lifting equipment; operation of container service bases, cargo warehouses, and specialized works.

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