PT AKRorindo Tbk (ISX:AKRA) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

View and export this data going back to 1994. Start your Free Trial

What is PT AKRorindo 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 AKRorindo Tbk's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.13.

PT AKRorindo Tbk's long-term debt to total assets ratio increased from Dec. 2023 (0.11) to Dec. 2024 (0.13). It may suggest that PT AKRorindo Tbk is progressively becoming more dependent on debt to grow their business.

PT AKRorindo Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT AKRorindo 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.

* Premium members only.

PT AKRorindo Tbk LT-Debt-to-Total-Asset Chart

PT AKRorindo Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.15

0.11

0.09

0.11

0.13

PT AKRorindo Tbk 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															0.11	0.14	0.14	0.13	0.13

PT AKRorindo Tbk LT-Debt-to-Total-Asset Calculation

PT AKRorindo Tbk'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 )
	=	4124176.562	/	33108684.368
	=	0.12

PT AKRorindo Tbk'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 )
	=	4124176.562	/	33108684.368
	=	0.12

PT AKRorindo Tbk (ISX:AKRA) 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 AKRorindo Tbk LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of PT AKRorindo Tbk's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

PT AKRorindo Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PT AKR Corporindo Tbk (ISX:AKRA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Panjang No. 5 Kebon Jeruk, AKR Tower, 26th Floor, West Jakarta, Jakarta, IDN, 11530

Website

https://www.akr.co.id

PT AKR Corporindo Tbk is engaged in chemicals distribution. The company segments are: The Trading and distribution segment, which accounts for majority of the total revenue, distributes industrial and retail petroleum products, other basic chemicals, and lubricants for the industrial, marine and other sectors. The Logistics Services segment provides various kinds of logistics services such as rental of storage tanks and warehouses, bagging etc and transportation services mainly for liquid and solid chemical and petroleum products in Indonesia. The Manufacturing segment makes adhesive materials. The Integrated Industrial Zones and Ports segments comprise deep-sea port integrated with a large industrial are, industrial lands parcels, efficient logistic and utilities to industrial tenants.

PT AKRorindo Tbk Headlines

No Headlines