PT Essa Industries Indonesia Tbk (STU:71S) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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What is PT Essa Industries Indonesia Tbk 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. PT Essa Industries Indonesia Tbk's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

PT Essa Industries Indonesia Tbk's long-term debt to total assets ratio declined from Dec. 2023 (0.08) to Dec. 2024 (0.02). It may suggest that PT Essa Industries Indonesia Tbk is progressively becoming less dependent on debt to grow their business.

PT Essa Industries Indonesia Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Essa Industries Indonesia Tbk'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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PT Essa Industries Indonesia Tbk LT-Debt-to-Total-Asset Chart

PT Essa Industries Indonesia Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.47

0.50

0.21

0.08

0.02

PT Essa Industries Indonesia Tbk 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															0.08	0.07	0.05	0.04	0.02

PT Essa Industries Indonesia Tbk LT-Debt-to-Total-Asset Calculation

PT Essa Industries Indonesia Tbk'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 )
	=	15.465	/	662.461
	=	0.02

PT Essa Industries Indonesia Tbk'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 )
	=	15.465	/	662.461
	=	0.02

PT Essa Industries Indonesia Tbk (STU:71S) 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.

PT Essa Industries Indonesia Tbk LT-Debt-to-Total-Asset Related Terms

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PT Essa Industries Indonesia Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PT Essa Industries Indonesia Tbk (STU:71S) » Definitions » LT-Debt-to-Total-Asset

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ESSA:Indonesia

Address

Jalan Prof. Dr. Satrio, Kav. 3-5, DBS Bank Tower, 18th Floor, Jakarta, IDN, 12940

Website

https://www.essa.id

PT Essa Industries Indonesia Tbk owns and operates privately owned domestic liquefied petroleum gas (LPG) refinery in Indonesia. Its main business is the refining and processing of natural gas to produce LPG (mixture of Propane and Butane), condensate, methanol, carbonation and gasification of coal, or other hydrocarbon materials. The principal products of the company include LPG, Condensate and Ammonia. It is also engaged in other activities such as crude oil mining, Wholesale trade in gas, liquid and solid fuels and similar products, Gas distribution and supporting service activities related to oil and gas mining carried out on a fee or contract basis. The company's segments are; LPG refinery, Ammonia which generates key revenue, and others.

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