PT Asahimas Flat Glass Tbk (ISX:AMFG) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)

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What is PT Asahimas Flat Glass 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 Asahimas Flat Glass Tbk's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

PT Asahimas Flat Glass Tbk's long-term debt to total assets ratio declined from Dec. 2023 (0.08) to Dec. 2024 (0.07). It may suggest that PT Asahimas Flat Glass Tbk is progressively becoming less dependent on debt to grow their business.

PT Asahimas Flat Glass Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Asahimas Flat Glass 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 Asahimas Flat Glass Tbk LT-Debt-to-Total-Asset Chart

PT Asahimas Flat Glass Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.25

0.21

0.15

0.08

0.07

PT Asahimas Flat Glass 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															0.08	0.07	0.07	0.05	0.07

PT Asahimas Flat Glass Tbk LT-Debt-to-Total-Asset Calculation

PT Asahimas Flat Glass 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 )
	=	541508	/	7271566
	=	0.07

PT Asahimas Flat Glass 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 )
	=	541508	/	7271566
	=	0.07

PT Asahimas Flat Glass Tbk (ISX:AMFG) 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 Asahimas Flat Glass Tbk LT-Debt-to-Total-Asset Related Terms

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PT Asahimas Flat Glass Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Asahimas Flat Glass Tbk (ISX:AMFG) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Jalan Ancol IX/5, Ancol Barat, North Jakarta, IDN, 14430

Website

http://www.amfg.co.id

PT Asahimas Flat Glass Tbk is a glass manufacturing company operating in two segments namely flat glass and automotive glass. Its portfolio of the company consists of various glasses such as tinted glass, figured glass, reflective glass, mirror glass, tempered glass, and laminated glass. Its business activity of the organization functions in the geographical areas of Indonesia which include Jakarta, Cikampek, and Sidoarjo. It generates revenue through the sale of glass products.

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