PT Widodo Makmur Perkasa Tbk (ISX:WMPP) LT-Debt-to-Total-Asset : 0.24 (As of Dec. 2023)

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What is PT Widodo Makmur Perkasa 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 Widodo Makmur Perkasa Tbk's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.24.

PT Widodo Makmur Perkasa Tbk's long-term debt to total assets ratio increased from Dec. 2022 (0.10) to Dec. 2023 (0.24). It may suggest that PT Widodo Makmur Perkasa Tbk is progressively becoming more dependent on debt to grow their business.

PT Widodo Makmur Perkasa Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Widodo Makmur Perkasa 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 Widodo Makmur Perkasa Tbk LT-Debt-to-Total-Asset Chart

PT Widodo Makmur Perkasa Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.13

0.10

0.24

PT Widodo Makmur Perkasa Tbk Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.10	0.12	0.20	0.18	0.24

PT Widodo Makmur Perkasa Tbk LT-Debt-to-Total-Asset Calculation

PT Widodo Makmur Perkasa 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 )
	=	1222928.868	/	5006640.555
	=	0.24

PT Widodo Makmur Perkasa Tbk's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	1222928.868	/	5006640.555
	=	0.24

PT Widodo Makmur Perkasa Tbk (ISX:WMPP) 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 Widodo Makmur Perkasa Tbk LT-Debt-to-Total-Asset Related Terms

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PT Widodo Makmur Perkasa Tbk (ISX:WMPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » PT Widodo Makmur Perkasa Tbk (ISX:WMPP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Jl. Raya Cilangkap, No. 58 Cilangkap, Cipayung East, East Jakarta, IDN, 13870

Website

https://www.widodomakmurperkasa.co.id

PT Widodo Makmur Perkasa Tbk is a company engaged in the consumer goods and agricultural commodities sector. It has five integrated business lines, namely Integrated Cattle Farm, Meat Processing, Integrated Poultry Farm, Agriculture Commodities, and Construction and Renewable Energy.

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