SAF Special Steel PCL (BKK:SAF) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is SAF Special Steel 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. SAF Special Steel PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

SAF Special Steel PCL's long-term debt to total assets ratio declined from Dec. 2022 (0.05) to Mar. 2024 (0.02). It may suggest that SAF Special Steel PCL is progressively becoming less dependent on debt to grow their business.

SAF Special Steel PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for SAF Special Steel 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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SAF Special Steel PCL LT-Debt-to-Total-Asset Chart

SAF Special Steel PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

0.07

0.05

0.03

SAF Special Steel PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.05	0.03	0.03	0.03	0.02

SAF Special Steel PCL LT-Debt-to-Total-Asset Calculation

SAF Special Steel 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 )
	=	9.944	/	404.147
	=	0.02

SAF Special Steel 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 )
	=	8.111	/	404.077
	=	0.02

SAF Special Steel PCL (BKK:SAF) 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.

SAF Special Steel PCL LT-Debt-to-Total-Asset Related Terms

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SAF Special Steel PCL (BKK:SAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SAF Special Steel PCL (BKK:SAF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Bangkhunthien-Chytalay road, 110 Thientalay 24, Ta-kam, Bankhunthien, Bangkok, THA, 10150

Website

https://www.saf.co.th

SAF Special Steel PCL is engaged in the sales and processing of special-grade steel for various industrial applications. The principal activities of the Company are import and distribution including steel products for industrial and distribution tooling, equipment parts and band saw machines and manufacture of molds & dies and vacuum hardening services.

SAF Special Steel PCL (BKK:SAF) Headlines

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