PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

PT Minna Padi Investama Sekuritas Tbk's long-term debt to total assets ratio declined from Mar. 2023 (0.05) to Mar. 2024 (0.04). It may suggest that PT Minna Padi Investama Sekuritas Tbk is progressively becoming less dependent on debt to grow their business.

PT Minna Padi Investama Sekuritas Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk LT-Debt-to-Total-Asset Chart

PT Minna Padi Investama Sekuritas Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.04

0.05

0.04

PT Minna Padi Investama Sekuritas 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															0.05	0.05	0.05	0.04	0.04

PT Minna Padi Investama Sekuritas Tbk LT-Debt-to-Total-Asset Calculation

PT Minna Padi Investama Sekuritas 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 )
	=	9702.343	/	238691.352
	=	0.04

PT Minna Padi Investama Sekuritas 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 )
	=	7901.774	/	187602.656
	=	0.04

PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) 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 Minna Padi Investama Sekuritas Tbk LT-Debt-to-Total-Asset Related Terms

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PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Jend. Sudirman Kav. 52-53, Equity Tower 11th floor, SCBD Lot 9, South Jakarta, IDN, 12190

Website

https://www.minnapadi.com

PT Minna Padi Investama Sekuritas Tbk is engaged in managing public funds with the of obtaining optimal investment returns. In managing public funds, the company offers a variety of quality products and services, such as Mutual Funds, which are investment instruments intended not only for large capital owners but also accessible to the general public. It also provides Brokerage and Underwriting services.

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