IRPC PCL (BKK:IRPC) LT-Debt-to-Total-Asset : 0.27 (As of Mar. 2024)

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What is IRPC 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. IRPC PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.27.

IRPC PCL's long-term debt to total assets ratio increased from Mar. 2023 (0.26) to Mar. 2024 (0.27). It may suggest that IRPC PCL is progressively becoming more dependent on debt to grow their business.

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

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

IRPC PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.25

0.28

0.27

0.26

0.28

IRPC 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															0.26	0.30	0.29	0.28	0.27

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

IRPC 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 )
	=	53117.89	/	192661.153
	=	0.28

IRPC 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 )
	=	53374.838	/	195589.071
	=	0.27

IRPC PCL (BKK:IRPC) 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.

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

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IRPC PCL (BKK:IRPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » IRPC PCL (BKK:IRPC) » Definitions » LT-Debt-to-Total-Asset

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TPIG:Germany

Address

555/2, Energy Complex, Vibhavadi Rangsit Road, Building B, 6th Floor,, Chatuchak, Bangkok, THA, 10900

Website

https://www.irpc.co.th

IRPC PCL is a Thailand-based company. The Company is principally engaged in the petroleum and petrochemical business with its products being refinery, lubricant, olefins, aromatics, plastic resins, and other petrochemical products. The company operates in three reportable segments; the Petroleum products segment, which produces and sells refinery, lubricant, and asphalt. The petrochemical products segment, produces and sells olefins, aromatics, and related products including special products. and Other business segments, includes divisions related to the Power plant, jetty, and other utilities. The majority of its revenue is derived from the Petroleum products segment.

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