Laguna Resorts & Hotels PCL (BKK:LRH) LT-Debt-to-Total-Asset : 0.14 (As of Mar. 2024)

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What is Laguna Resorts & Hotels 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. Laguna Resorts & Hotels PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.14.

Laguna Resorts & Hotels PCL's long-term debt to total assets ratio declined from Mar. 2023 (0.20) to Mar. 2024 (0.14). It may suggest that Laguna Resorts & Hotels PCL is progressively becoming less dependent on debt to grow their business.

Laguna Resorts & Hotels PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Laguna Resorts & Hotels 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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Laguna Resorts & Hotels PCL LT-Debt-to-Total-Asset Chart

Laguna Resorts & Hotels PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.17

0.19

0.22

0.20

0.14

Laguna Resorts & Hotels 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															0.20	0.19	0.18	0.14	0.14

Laguna Resorts & Hotels PCL LT-Debt-to-Total-Asset Calculation

Laguna Resorts & Hotels 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 )
	=	4162.584	/	30050.577
	=	0.14

Laguna Resorts & Hotels 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 )
	=	4160.135	/	30760.609
	=	0.14

Laguna Resorts & Hotels PCL (BKK:LRH) 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.

Laguna Resorts & Hotels PCL LT-Debt-to-Total-Asset Related Terms

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Laguna Resorts & Hotels PCL (BKK:LRH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Laguna Resorts & Hotels PCL (BKK:LRH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th and 12th Floor, South Sathorn Road, 21/9, 21/31, and 21/33, Thai Wah 1 Building, Tungmahamek, Sathorn, Bangkok, THA, 10120

Website

https://www.lagunaresorts.com

Laguna Resorts & Hotels PCL is a company that engages in hotel and property development businesses. It operates through the following segments: Hotel Business segment that includes hotel and restaurant operations and other related business such as golf club and sales of merchandise; Property Development segment includes property sales and sales of holiday club memberships; Office Rental segment provides rental and service of lands and buildings for lease. The firm generates a majority of its revenue from the Hotel business segment.

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