PTmpoerna Agro Tbk (ISX:SGRO) LT-Debt-to-Total-Asset : 0.21 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is PTmpoerna Agro 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. PTmpoerna Agro Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.21.

PTmpoerna Agro Tbk's long-term debt to total assets ratio declined from Mar. 2023 (0.22) to Mar. 2024 (0.21). It may suggest that PTmpoerna Agro Tbk is progressively becoming less dependent on debt to grow their business.

PTmpoerna Agro Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PTmpoerna Agro 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.

PTmpoerna Agro Tbk LT-Debt-to-Total-Asset Chart

PTmpoerna Agro 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

0.23

0.31

0.29

0.26

0.23

PTmpoerna Agro 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															0.22	0.22	0.22	0.23	0.21

PTmpoerna Agro Tbk LT-Debt-to-Total-Asset Calculation

PTmpoerna Agro 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 )
	=	2336030	/	10067533
	=	0.23

PTmpoerna Agro 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 )
	=	2065368	/	10094602
	=	0.20

PTmpoerna Agro Tbk (ISX:SGRO) 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.

PTmpoerna Agro Tbk LT-Debt-to-Total-Asset Related Terms

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

PTmpoerna Agro Tbk (ISX:SGRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Sampoerna Agro Tbk (ISX:SGRO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Basuki Rahmat No. 788, South Sumatera, Palembang, IDN, 30127

Website

https://www.sampoernaagro.com

PT Sampoerna Agro Tbk is an Indonesia-based palm oil manufacturer. It is engaged in the oil palm and rubber plantation industry, palm oil mills, production of oil palm seedlings, utilization of non-wood forest resources (sago), forestry, and other related industries. The product portfolio includes crude palm oil, palm kernel, germinated seed, sago, and rubber. Its operating segment includes Palm products and others. The company generates maximum revenue from the Palm products segment. Geographically, it derives a majority of its revenue from Indonesia.

PTmpoerna Agro Tbk (ISX:SGRO) Headlines

No Headlines