PT Summarecon Agung Tbk (ISX:SMRA) LT-Debt-to-Total-Asset : 0.10 (As of Mar. 2024)

View and export this data going back to 1990. Start your Free Trial

What is PT Summarecon Agung 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 Summarecon Agung Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.10.

PT Summarecon Agung Tbk's long-term debt to total assets ratio declined from Mar. 2023 (0.11) to Mar. 2024 (0.10). It may suggest that PT Summarecon Agung Tbk is progressively becoming less dependent on debt to grow their business.

PT Summarecon Agung Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Summarecon Agung 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 Summarecon Agung Tbk LT-Debt-to-Total-Asset Chart

PT Summarecon Agung 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

0.18

0.22

0.16

0.12

0.11

PT Summarecon Agung 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															0.11	0.11	0.10	0.11	0.10

PT Summarecon Agung Tbk LT-Debt-to-Total-Asset Calculation

PT Summarecon Agung 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 )
	=	3444561.195	/	31168375.086
	=	0.11

PT Summarecon Agung 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 )
	=	3252169.269	/	31834570.043
	=	0.10

PT Summarecon Agung Tbk (ISX:SMRA) 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 Summarecon Agung Tbk LT-Debt-to-Total-Asset Related Terms

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

PT Summarecon Agung Tbk (ISX:SMRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Summarecon Agung Tbk (ISX:SMRA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Perintis Kemerdekaan No. 42, Pulo Gadung, Jakarta Timur, Jakarta, IDN, 13210

Website

https://www.summarecon.com

PT Summarecon Agung Tbk is a real estate developer in Indonesia that specializes in townships that include residential and commercial developments and leisure and hospitality businesses. Summarecon Agung's property development segment, which generates most of the company's revenue, develops and then sells properties such as residential houses, apartment buildings, and shopping lots. The company's investment property segment develops properties, including shopping malls, offices, apartments, and commercial spaces, that it retains and leases. The leisure and hospitality segment owns and generates revenue from hotels, golf courses, and sport and fitness clubs.

PT Summarecon Agung Tbk (ISX:SMRA) Headlines

No Headlines