Sri Trang Gloves Thailand PCL (SGX:STG) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2024)

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What is Sri Trang Gloves Thailand 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. Sri Trang Gloves Thailand PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.05.

Sri Trang Gloves Thailand PCL's long-term debt to total assets ratio declined from Dec. 2023 (0.11) to Dec. 2024 (0.05). It may suggest that Sri Trang Gloves Thailand PCL is progressively becoming less dependent on debt to grow their business.

Sri Trang Gloves Thailand PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sri Trang Gloves Thailand 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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Sri Trang Gloves Thailand PCL LT-Debt-to-Total-Asset Chart

Sri Trang Gloves Thailand PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.13

0.14

0.11

0.05

Sri Trang Gloves Thailand PCL 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															0.11	0.09	0.08	0.06	0.05

Sri Trang Gloves Thailand PCL LT-Debt-to-Total-Asset Calculation

Sri Trang Gloves Thailand PCL'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 )
	=	100.702	/	1934.79
	=	0.05

Sri Trang Gloves Thailand PCL'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 )
	=	100.702	/	1934.79
	=	0.05

Sri Trang Gloves Thailand PCL (SGX:STG) 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 Gloves Thailand PCL LT-Debt-to-Total-Asset Related Terms

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Sri Trang Gloves Thailand PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sri Trang Gloves Thailand PCL (SGX:STG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

STGT:Thailand STGT-R:Thailand

Address

No. 110 Kanjanavanit Road, Pahtong, Hat Yai, Songkhla, THA, 90230

Website

https://www.sritranggloves.com

Sri Trang Gloves Thailand PCL manufactures and distributes rubber gloves. The company manufactures natural latex and nitrile examination gloves as well as general-purpose disposable gloves, both powdered and powder-free. There are two reportable segments such as Gloves and Other businesses. Gloves segment which also generates the majority of the revenue, manufactures and sells powdered, powder-free, and nitrile latex gloves. The other businesses segment includes the Engineering business which is engaged in the engineering services including research and development of machinery and production processes, and also providing information system services and the Financial asset management and financial investment. Operates in Asia, North America, South America, Europe.