Royal Orchid Hotel (Thailand) PCL (BKK:ROH) LT-Debt-to-Total-Asset : 0.55 (As of Mar. 2024)

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What is Royal Orchid Hotel (Thailand) 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. Royal Orchid Hotel (Thailand) PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.55.

Royal Orchid Hotel (Thailand) PCL's long-term debt to total assets ratio declined from Mar. 2023 (0.55) to Mar. 2024 (0.55). It may suggest that Royal Orchid Hotel (Thailand) PCL is progressively becoming less dependent on debt to grow their business.

Royal Orchid Hotel (Thailand) PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Royal Orchid Hotel (Thailand) 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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Royal Orchid Hotel (Thailand) PCL LT-Debt-to-Total-Asset Chart

Royal Orchid Hotel (Thailand) PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.55

Royal Orchid Hotel (Thailand) 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															0.55	0.56	0.56	0.55	0.55

Royal Orchid Hotel (Thailand) PCL LT-Debt-to-Total-Asset Calculation

Royal Orchid Hotel (Thailand) 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 )
	=	4601.845	/	8355.141
	=	0.55

Royal Orchid Hotel (Thailand) 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 )
	=	4631.479	/	8412.957
	=	0.55

Royal Orchid Hotel (Thailand) PCL (BKK:ROH) 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.

Royal Orchid Hotel (Thailand) PCL LT-Debt-to-Total-Asset Related Terms

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Royal Orchid Hotel (Thailand) PCL (BKK:ROH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royal Orchid Hotel (Thailand) PCL (BKK:ROH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Captain Bush Lane, Charoen Krung Road, Kwaeng Bangrak, Khet Bangrak, Bangkok, THA, 10500

Website

http://www.royalorchidsheraton.com

Royal Orchid Hotel (Thailand) PCL is a Thailand-based company engaged in hotel operations. The company owns Royal Orchid Sheraton Hotel and Towers in Bangkok, which is operated by Sheraton Overseas Management Corporation. It offers rooms, food and beverage, and other ancillary services. The hotel provides accommodations, conference facilities, and leisure facilities including two swimming pools, spas, tennis courts, garden areas, and restaurants, which offer a range of Thai, Asian, Italian, and Continental cuisines. The group carries out its business operations in Thailand.

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