Siamgas And Petrochemicals PCL (BKK:SGP) LT-Debt-to-Total-Asset : 0.25 (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Siamgas And Petrochemicals 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. Siamgas And Petrochemicals PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.25.

Siamgas And Petrochemicals PCL's long-term debt to total assets ratio increased from Mar. 2023 (0.17) to Mar. 2024 (0.25). It may suggest that Siamgas And Petrochemicals PCL is progressively becoming more dependent on debt to grow their business.

Siamgas And Petrochemicals PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Siamgas And Petrochemicals 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.

* Premium members only.

Siamgas And Petrochemicals PCL LT-Debt-to-Total-Asset Chart

Siamgas And Petrochemicals PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.20

0.32

0.19

0.20

0.24

Siamgas And Petrochemicals 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															0.17	0.17	0.16	0.24	0.25

Siamgas And Petrochemicals PCL LT-Debt-to-Total-Asset Calculation

Siamgas And Petrochemicals 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 )
	=	12608.294	/	52844.746
	=	0.24

Siamgas And Petrochemicals 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 )
	=	12572.867	/	49820.129
	=	0.25

Siamgas And Petrochemicals PCL (BKK:SGP) 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.

Siamgas And Petrochemicals PCL LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Siamgas And Petrochemicals PCL's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Siamgas And Petrochemicals PCL (BKK:SGP) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 553, Ratchaprarop Road, 30th Floor, Tower A, The Palladium Building, Makkasan, Ratchathewi, Bangkok, THA, 10400

Website

https://www.siamgas.com

Siamgas And Petrochemicals PCL are engaged in the trading of liquefied petroleum gas and petrochemicals. It sells liquefied petroleum gas under two brands: SIAMGAS and UNIQUE GAS in Thailand and under SGGAS, SINGGAS, and MYGAZ brands in the Overseas market. Its segments include Petroleum & petrochemical products, which is engaged in trading of petroleum for household cooking, industry & transportation businesses, and petrochemical trading; Transportation services, which provides transportation services by land & ship; and Others segment, which is into Cylinder manufacturing, holding business and oil depots & port services. Its operations are carried out in Thailand, China, Singapore, Malaysia, and Vietnam. The company generates the majority of its revenue from the overseas market.

Siamgas And Petrochemicals PCL (BKK:SGP) Headlines

No Headlines