PT Citra Borneo Utama Tbk (ISX:CBUT) LT-Debt-to-Total-Asset : 0.17 (As of Mar. 2024)

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What is PT Citra Borneo Utama 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 Citra Borneo Utama Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.17.

PT Citra Borneo Utama Tbk's long-term debt to total assets ratio increased from Mar. 2023 (0.06) to Mar. 2024 (0.17). It may suggest that PT Citra Borneo Utama Tbk is progressively becoming more dependent on debt to grow their business.

PT Citra Borneo Utama Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Citra Borneo Utama 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 Citra Borneo Utama Tbk LT-Debt-to-Total-Asset Chart

PT Citra Borneo Utama Tbk Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.22

0.17

0.13

0.06

0.18

PT Citra Borneo Utama Tbk Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.06	0.05	0.06	0.18	0.17

PT Citra Borneo Utama Tbk LT-Debt-to-Total-Asset Calculation

PT Citra Borneo Utama 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 )
	=	769178	/	4336194
	=	0.18

PT Citra Borneo Utama 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 )
	=	754221	/	4537262
	=	0.17

PT Citra Borneo Utama Tbk (ISX:CBUT) 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 Citra Borneo Utama Tbk LT-Debt-to-Total-Asset Related Terms

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PT Citra Borneo Utama Tbk (ISX:CBUT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Citra Borneo Utama Tbk (ISX:CBUT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. ASDP/Pelabuhan Roro Tempenek, Kumai Hulu, Kumai, Kabupaten Kotawaringin Barat, Kalimantan Tengah, Palangka Raya, IDN

Website

https://www.citraborneoutama.co.id

PT Citra Borneo Utama Tbk manages the downstream palm oil business. It is engaged in the downstream palm oil industry where the company produces and sells palm oil derivative products such as refined bleached deodorized palm oil, palm fatty acid distillate, olein, stearin, crude palm kernel oil, and palm kernel expeller. Geographically, the majority is from the Overseas market.

PT Citra Borneo Utama Tbk (ISX:CBUT) Headlines

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