Krung Thai Bank PCL (Krung Thai Bank PCL) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

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What is Krung Thai Bank PCL 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. Krung Thai Bank PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

Krung Thai Bank PCL's long-term debt to total assets ratio increased from Mar. 2023 (0.11) to Mar. 2024 (0.13). It may suggest that Krung Thai Bank PCL is progressively becoming more dependent on debt to grow their business.

Krung Thai Bank PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Krung Thai Bank PCL'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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Krung Thai Bank PCL LT-Debt-to-Total-Asset Chart

Krung Thai Bank PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.11

Krung Thai Bank PCL 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	0.11	0.11	0.13

Krung Thai Bank PCL LT-Debt-to-Total-Asset Calculation

Krung Thai Bank PCL'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 )
	=	11947.128	/	105133.771
	=	0.11

Krung Thai Bank PCL'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 )
	=	13779.445	/	103393.692
	=	0.13

Krung Thai Bank PCL (OTCPK:KGTFF) 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.

Krung Thai Bank PCL LT-Debt-to-Total-Asset Related Terms

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Krung Thai Bank PCL (Krung Thai Bank PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Krung Thai Bank PCL (OTCPK:KGTFF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

KTHAF:USA KTB-F:Thailand KTB:Thailand KTB1:Germany

Address

35 Sukhumvit Road, Klongtoey Nua Subdistrict, Wattana District, Bangkok, THA, 10110

Website

https://www.krungthai.com

Krung Thai Bank PCL engages in commercial banking business and conducts its business through a nationwide branch network and in certain centers of the world. The company has three segments which are Retail banking, Corporate banking and Treasury and investment. Majority of the revenue is earned from Retail banking segment.

Krung Thai Bank PCL (Krung Thai Bank PCL) Headlines

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