PT Triputra Agro Persada Tbk (ISX:TAPG) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is PT Triputra Agro Persada 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 Triputra Agro Persada Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

PT Triputra Agro Persada Tbk's long-term debt to total assets ratio declined from Mar. 2023 (0.09) to Mar. 2024 (0.01). It may suggest that PT Triputra Agro Persada Tbk is progressively becoming less dependent on debt to grow their business.

PT Triputra Agro Persada Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Triputra Agro Persada 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 Triputra Agro Persada Tbk LT-Debt-to-Total-Asset Chart

PT Triputra Agro Persada Tbk Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.33

0.28

0.21

0.12

0.02

PT Triputra Agro Persada Tbk Quarterly Data
	Dec17	Dec18	Sep19	Dec19	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															0.09	0.07	0.03	0.02	0.01

PT Triputra Agro Persada Tbk LT-Debt-to-Total-Asset Calculation

PT Triputra Agro Persada 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 )
	=	201432	/	13867387
	=	0.01

PT Triputra Agro Persada 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 )
	=	146388	/	13890994
	=	0.01

PT Triputra Agro Persada Tbk (ISX:TAPG) 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 Triputra Agro Persada Tbk LT-Debt-to-Total-Asset Related Terms

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PT Triputra Agro Persada Tbk (ISX:TAPG) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan DR. Ide Anak Agung Gde Agung, Kav. E.3-2, No. 1, The East Building, 23rd Floor, Kelurahan Kuningan Timur, Kecamatan Setiabudi, Jakarta Selatan, Jakarta, IDN, 12950

Website

https://www.tap-agri.com

PT Triputra Agro Persada Tbk is a palm oil and rubber company located in Sumatera and Kalimantan. Together with its subsidiaries, it is committed towards producing high-quality crude palm oil and palm kernel products to meet domestic and foreign market needs. The company's operating segment includes Crude Palm oil and palm kernel and Rubber. It generates maximum revenue from the Crude Palm oil and palm kernel segment.

PT Triputra Agro Persada Tbk (ISX:TAPG) Headlines

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