PT Armada berjaya trans Tbk (ISX:JAYA) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

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What is PT Armada berjaya trans 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 Armada berjaya trans Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

PT Armada berjaya trans Tbk's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.06). It may suggest that PT Armada berjaya trans Tbk is progressively becoming more dependent on debt to grow their business.

PT Armada berjaya trans Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Armada berjaya trans 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 Armada berjaya trans Tbk LT-Debt-to-Total-Asset Chart

PT Armada berjaya trans Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.04

0.01

0.08

PT Armada berjaya trans 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															0.01	0.03	0.09	0.08	0.06

PT Armada berjaya trans Tbk LT-Debt-to-Total-Asset Calculation

PT Armada berjaya trans 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 )
	=	13150.487	/	166743.81
	=	0.08

PT Armada berjaya trans 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 )
	=	11148.173	/	180308.149
	=	0.06

PT Armada berjaya trans Tbk (ISX:JAYA) 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 Armada berjaya trans Tbk LT-Debt-to-Total-Asset Related Terms

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PT Armada berjaya trans Tbk (ISX:JAYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Armada berjaya trans Tbk (ISX:JAYA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Green Sedayu Bizpark, Cakung Gs 7 Number 19, Cakung Timur, East Jakarta, IDN, 14310

Website

https://www.armadaberjaya.com

PT Armada berjaya trans Tbk is a general land transport and logistic company. The company's services include land transportation, custom clearance, and multimoda transport. Its geographical segments are West Java, Banten, DKI Jakarta Banton , Bali and Central Java.

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