PT Alkindo Naratama Tbk (ISX:ALDO) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is PT Alkindo Naratama Tbk 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. PT Alkindo Naratama Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

PT Alkindo Naratama Tbk's long-term debt to total assets ratio declined from Mar. 2023 (0.16) to Mar. 2024 (0.12). It may suggest that PT Alkindo Naratama Tbk is progressively becoming less dependent on debt to grow their business.

PT Alkindo Naratama Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Alkindo Naratama Tbk'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.

PT Alkindo Naratama Tbk LT-Debt-to-Total-Asset Chart

PT Alkindo Naratama Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.09

0.03

0.08

0.18

0.13

PT Alkindo Naratama Tbk 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															0.16	0.16	0.14	0.13	0.12

PT Alkindo Naratama Tbk LT-Debt-to-Total-Asset Calculation

PT Alkindo Naratama Tbk'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 )
	=	230901.258	/	1751702.568
	=	0.13

PT Alkindo Naratama Tbk'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 )
	=	220373.66	/	1806228.609
	=	0.12

PT Alkindo Naratama Tbk (ISX:ALDO) 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.

PT Alkindo Naratama Tbk LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of PT Alkindo Naratama Tbk's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Alkindo Naratama Tbk (ISX:ALDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » PT Alkindo Naratama Tbk (ISX:ALDO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

JL. Industri Cimareme II No. 14, Cimerang, Padalarang, Bandung Barat, IDN, 40553

Website

https://www.alkindo.co.id

PT Alkindo Naratama Tbk is engaged in manufacturing converted paper products. The company has four business segments namely Paper converting, Chemical, Polymer, and Paper. The company produces various types of paper products namely paper core, paper tube, honeycomb products, edge protector and paper box. The paper core segment includes STD core, WG core, SPC core and prime core. Paper tube includes the POY, DTY and FDY paper tube which are custom specific and packaged as per client requirement. Honeycomb products include pallets and boxes, layer and pad, honeycomb core for furniture and textile board/spacer.

PT Alkindo Naratama Tbk (ISX:ALDO) Headlines

No Headlines