Sri Trang Agro-Industry (SGX:NC2) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2024)

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What is Sri Trang Agro-Industry 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. Sri Trang Agro-Industry's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.15.

Sri Trang Agro-Industry's long-term debt to total assets ratio declined from Dec. 2023 (0.24) to Dec. 2024 (0.15). It may suggest that Sri Trang Agro-Industry is progressively becoming less dependent on debt to grow their business.

Sri Trang Agro-Industry LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sri Trang Agro-Industry'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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Sri Trang Agro-Industry LT-Debt-to-Total-Asset Chart

Sri Trang Agro-Industry Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.07

0.15

0.27

0.24

0.15

Sri Trang Agro-Industry Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.24	0.20	0.20	0.18	0.15

Sri Trang Agro-Industry LT-Debt-to-Total-Asset Calculation

Sri Trang Agro-Industry's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	795.217	/	5189.392
	=	0.15

Sri Trang Agro-Industry's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	795.217	/	5189.392
	=	0.15

Sri Trang Agro-Industry (SGX:NC2) 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.

Sri Trang Agro-Industry LT-Debt-to-Total-Asset Related Terms

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Sri Trang Agro-Industry Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sri Trang Agro-Industry PLC (SGX:NC2) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

STA-R:Thailand STA:Thailand

Address

10 Soi 10, Phetkasem Road, Hat Yai, Songkhla, THA, 90110

Website

https://www.sritranggroup.com

Sri Trang Agro-Industry PLC is engaged in the manufacturing and distribution of natural rubber products such as ribbed smoked sheets, concentrated latex, block rubber, and other products. Its reportable segments are; Natural rubber products, Gloves, and Other businesses: Plantation, Engineering business, Logistics services and other services, Other rubber products, Financial asset management and financial investment. Majority of the revenue for the company is generated from its Natural rubber products segment. Geographically, it generates a majority of its revenue from China and also has its presence in other markets such as Thailand, USA, Singapore, Japan and other regions.

Sri Trang Agro-Industry Headlines

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