Srisawad PCL (Srisawad PCL) LT-Debt-to-Total-Asset : 0.44 (As of Dec. 2023)

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What is Srisawad 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. Srisawad PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.44.

Srisawad PCL's long-term debt to total assets ratio increased from Dec. 2022 (0.38) to Dec. 2023 (0.44). It may suggest that Srisawad PCL is progressively becoming more dependent on debt to grow their business.

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

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

Srisawad PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.30

0.36

0.30

0.38

0.44

Srisawad PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.38	0.38	0.45	0.49	0.44

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

Srisawad 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 )
	=	1397.96	/	3186.434
	=	0.44

Srisawad PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	1397.96	/	3186.434
	=	0.44

Srisawad PCL (OTCPK:SRAWY) 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.

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

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Srisawad PCL (Srisawad PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Srisawad Corp PCL (OTCPK:SRAWY) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

SAWAD:Thailand

Address

Chaeng Watthana Road, Chaeng Watthana 10 Alley, 99/392 Srisawad Building, 4,6 floor, 3 Sub Alley, Thungsonghong, Laksi, Bangkok, THA, 10210

Website

https://www.meebaanmeerod.com

Srisawad Corp PCL provides credit services and personal loans. The company provides financial services specifically hire-purchase, loan, non-performing assets management, investments in other companies, management, and consulting services for retail credit systems in the region, both the Bangkok metropolitan area and provinces around the country.

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