PUTRF (Ptt PCL) LT-Debt-to-Total-Asset : 0.27 (As of Sep. 2024)

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What is Ptt 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. Ptt PCL's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.27.

Ptt PCL's long-term debt to total assets ratio declined from Sep. 2023 (0.28) to Sep. 2024 (0.27). It may suggest that Ptt PCL is progressively becoming less dependent on debt to grow their business.

Ptt PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ptt 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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Ptt PCL LT-Debt-to-Total-Asset Chart

Ptt PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.23

0.28

0.27

0.30

0.27

Ptt PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.27	0.27	0.26	0.27

Ptt PCL LT-Debt-to-Total-Asset Calculation

Ptt 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 )
	=	27013.385	/	98924.042
	=	0.27

Ptt PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	26551.499	/	99665.436
	=	0.27

Ptt PCL (OTCPK:PUTRF) 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.

Ptt PCL LT-Debt-to-Total-Asset Related Terms

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Ptt PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ptt PCL (OTCPK:PUTRF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PUTRY:USA PTT-R:Thailand PTT-F:Thailand PTT:Thailand PTOG:Germany

Address

555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok, THA, 10900

Website

https://www.pttplc.com

Ptt PCL is an integrated national petroleum and petrochemical company based out of Thailand. Its operations are divided into six units: Coal, Petrochemical, International Trading, Oil, Gas, and Petroleum exploration and production. The International Trading and Petrochemicals businesses have historically produced the group's sales and service volume. International Trading encompasses several activities and is crucial to the company's ability to import and export crude oil, condensate, petroleum products, liquefied petroleum gas, petrochemical products, solvents and chemicals, and other products. PTT engages in Petrochemical operations through group companies that conduct business in fuel processing, production, and sales of upstream, intermediate, and downstream chemicals.