PT Budi Starch & Sweetener Tbk (ISX:BUDI) LT-Debt-to-Total-Asset : 0.04 (As of Jun. 2024)

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What is PT Budi Starch & Sweetener 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 Budi Starch & Sweetener Tbk's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.04.

PT Budi Starch & Sweetener Tbk's long-term debt to total assets ratio declined from Jun. 2023 (0.07) to Jun. 2024 (0.04). It may suggest that PT Budi Starch & Sweetener Tbk is progressively becoming less dependent on debt to grow their business.

PT Budi Starch & Sweetener Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Budi Starch & Sweetener 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 Budi Starch & Sweetener Tbk LT-Debt-to-Total-Asset Chart

PT Budi Starch & Sweetener Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.10

0.07

0.09

0.06

PT Budi Starch & Sweetener Tbk Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.06	0.05	0.04

PT Budi Starch & Sweetener Tbk LT-Debt-to-Total-Asset Calculation

PT Budi Starch & Sweetener 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 )
	=	209040	/	3327846
	=	0.06

PT Budi Starch & Sweetener Tbk's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	152060	/	3785421
	=	0.04

PT Budi Starch & Sweetener Tbk (ISX:BUDI) 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 Budi Starch & Sweetener Tbk LT-Debt-to-Total-Asset Related Terms

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PT Budi Starch & Sweetener Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Budi Starch & Sweetener Tbk (ISX:BUDI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan H.R. Rasuna Said Kav. C-6, Wisma Budi 8th - 9th Floor, Jakarta, IDN, 12940

Website

https://www.budistarchsweetener.com

PT Budi Starch & Sweetener Tbk is an Indonesia-based company involved in the packaged food business sector. The Company's primary activities include industrial food processing and chemicals, and all derivative products produced from cassava, sweet potato, palm oil, copra, and other agricultural products and a wide variety of industries, especially the plastics industry. The segments of the company are tapioca starch, sweeteners, PP Woven Bags, Sulphuric Acid, and Other Chemical Products. The company generates maximum revenue from Tapioca starch products.

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