PT Bumi Teknokultura Unggul Tbk (ISX:BTEK) LT-Debt-to-Total-Asset : 0.53 (As of Mar. 2024)

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What is PT Bumi Teknokultura Unggul 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 Bumi Teknokultura Unggul Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.53.

PT Bumi Teknokultura Unggul Tbk's long-term debt to total assets ratio declined from Mar. 2023 (0.59) to Mar. 2024 (0.53). It may suggest that PT Bumi Teknokultura Unggul Tbk is progressively becoming less dependent on debt to grow their business.

PT Bumi Teknokultura Unggul Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Bumi Teknokultura Unggul 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 Bumi Teknokultura Unggul Tbk LT-Debt-to-Total-Asset Chart

PT Bumi Teknokultura Unggul Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.41

0.49

0.50

0.60

PT Bumi Teknokultura Unggul 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															0.59	0.59	0.60	0.60	0.53

PT Bumi Teknokultura Unggul Tbk LT-Debt-to-Total-Asset Calculation

PT Bumi Teknokultura Unggul 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 )
	=	2413691.738	/	4055750.907
	=	0.60

PT Bumi Teknokultura Unggul 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 )
	=	2214597.343	/	4147996.199
	=	0.53

PT Bumi Teknokultura Unggul Tbk (ISX:BTEK) 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 Bumi Teknokultura Unggul Tbk LT-Debt-to-Total-Asset Related Terms

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PT Bumi Teknokultura Unggul Tbk (ISX:BTEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Bumi Teknokultura Unggul Tbk (ISX:BTEK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Tentara Pelajar, Rukan Permata Senayan Complex, Block E No. 37 - 38, South Jakarta, Jakarta, IDN, 12210

Website

http://www.btek.co.id

PT Bumi Teknokultura Unggul Tbk is engaged in agricultural biotechnology, forest management rights, planted forest industries, and trade. The company's main business activities consist of nursery for forestry plants, food crops, medicinal plants, tropical ornamental plants, logging, as well as the trading of logs. Its products and services include forestry crops, ornamental plants, horticultural crops, and other crops. Its segment includes Rental and Cocoa bean processing.