PT Asia Pacific Investama Tbk (ISX:MYTX) LT-Debt-to-Total-Asset : 0.49 (As of Mar. 2024)

View and export this data going back to 1989. Start your Free Trial

What is PT Asia Pacific Investama 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 Asia Pacific Investama Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.49.

PT Asia Pacific Investama Tbk's long-term debt to total assets ratio increased from Mar. 2023 (0.48) to Mar. 2024 (0.49). It may suggest that PT Asia Pacific Investama Tbk is progressively becoming more dependent on debt to grow their business.

PT Asia Pacific Investama Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Asia Pacific Investama 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.

* Premium members only.

PT Asia Pacific Investama Tbk LT-Debt-to-Total-Asset Chart

PT Asia Pacific Investama Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.40

0.46

0.49

0.48

PT Asia Pacific Investama 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															0.48	0.48	0.47	0.48	0.49

PT Asia Pacific Investama Tbk LT-Debt-to-Total-Asset Calculation

PT Asia Pacific Investama 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 )
	=	1787969	/	3728500
	=	0.48

PT Asia Pacific Investama 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 )
	=	1825217	/	3722593
	=	0.49

PT Asia Pacific Investama Tbk (ISX:MYTX) 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 Asia Pacific Investama Tbk LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of PT Asia Pacific Investama Tbk's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Asia Pacific Investama Tbk (ISX:MYTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » PT Asia Pacific Investama Tbk (ISX:MYTX) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Jalan Pajajaran 14 No. 62, Gandasari, Jatiuwung, Tangerang, IDN, 15137

Website

https://www.apinvestama.co.id

PT Asia Pacific Investama Tbk is an Indonesia-based holding company engaged in the garments and textile industry and also in yarn manufacturing. The textile products of the company consist of yarn, greige fabrics, denim fabrics, knitted fabrics, and apparel. Its operating segment includes garment; spinning; weaving; laundry and knitting. The company generates maximum revenue from the spinning segment. Geographically, the company derives a majority of its revenue from Indonesia and also has a presence in Asia; Europe; America, and Africa.

PT Asia Pacific Investama Tbk (ISX:MYTX) Headlines

No Headlines