PT Atlas Resources Tbk (ISX:ARII) LT-Debt-to-Total-Asset : 0.16 (As of Mar. 2024)

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What is PT Atlas Resources 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 Atlas Resources Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.16.

PT Atlas Resources Tbk's long-term debt to total assets ratio declined from Mar. 2023 (0.18) to Mar. 2024 (0.16). It may suggest that PT Atlas Resources Tbk is progressively becoming less dependent on debt to grow their business.

PT Atlas Resources Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Atlas Resources 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 Atlas Resources Tbk LT-Debt-to-Total-Asset Chart

PT Atlas Resources Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.26

0.20

0.16

PT Atlas Resources 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															0.18	0.19	0.17	0.16	0.16

PT Atlas Resources Tbk LT-Debt-to-Total-Asset Calculation

PT Atlas Resources 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 )
	=	1296824.151	/	8135790.232
	=	0.16

PT Atlas Resources 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 )
	=	1259039.553	/	7924298.225
	=	0.16

PT Atlas Resources Tbk (ISX:ARII) 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 Atlas Resources Tbk LT-Debt-to-Total-Asset Related Terms

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PT Atlas Resources Tbk (ISX:ARII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Atlas Resources Tbk (ISX:ARII) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Jalan Jenderal Sudirman Kav. 45 - 46, Sampoerna Strategic Square, South Tower, 18th Floor, South Jakarta, Jakarta, IDN, 12930

Website

https://www.atlas-coal.co.id

PT Atlas Resources Tbk is an Indonesia-based company engaged in the production of coal. The business activity of the firm primarily functions through the sales of coal segment. Its activities include coal mining, trading, and transportation; and other activities related to coal mining operations such as rental of equipment and vehicles. Geographically the group has its presence in the region of Japan, China, Korea, Thailand, Europe, India, and Indonesia. The company generates maximum revenue from the coal segment.