CP Axtra PCL (CP Axtra PCL) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2024)

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What is CP Axtra 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. CP Axtra PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.20.

CP Axtra PCL's long-term debt to total assets ratio declined from Mar. 2023 (0.23) to Mar. 2024 (0.20). It may suggest that CP Axtra PCL is progressively becoming less dependent on debt to grow their business.

CP Axtra PCL LT-Debt-to-Total-Asset Historical Data

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

CP Axtra PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.12

0.06

0.26

0.28

0.22

CP Axtra 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															0.23	0.22	0.25	0.22	0.20

CP Axtra PCL LT-Debt-to-Total-Asset Calculation

CP Axtra 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 )
	=	3363.881	/	15447.56
	=	0.22

CP Axtra 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 )
	=	2990.809	/	14955.555
	=	0.20

CP Axtra PCL (OTCPK:SMKUF) 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.

CP Axtra PCL LT-Debt-to-Total-Asset Related Terms

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CP Axtra PCL (CP Axtra PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » CP Axtra PCL (OTCPK:SMKUF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

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CPAXT:Thailand

Address

1468, Phattanakan Road, Phatthanakan, Suan Luang, Bangkok, THA, 10250

Website

https://www.siammakro.co.th

CP Axtra PCL operates Makro brand stores and frozen food shops across Thailand. Segments through which the company operates its business include Wholesale, Retail, and mall . Its Operations are derived from the sale of goods from wholesale businesses, retail and mall businesses, and the rendering of services related to those businesses. It generates a majority of its revenue from the Wholesale segment.

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