PT AirAsia Indonesia Tbk (ISX:CMPP) LT-Debt-to-Total-Asset : 0.85 (As of Dec. 2023)

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What is PT AirAsia Indonesia 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 AirAsia Indonesia Tbk's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.85.

PT AirAsia Indonesia Tbk's long-term debt to total assets ratio declined from Dec. 2022 (0.86) to Dec. 2023 (0.85). It may suggest that PT AirAsia Indonesia Tbk is progressively becoming less dependent on debt to grow their business.

PT AirAsia Indonesia Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT AirAsia Indonesia 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.

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PT AirAsia Indonesia Tbk LT-Debt-to-Total-Asset Chart

PT AirAsia Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.09

0.63

0.69

0.86

0.85

PT AirAsia Indonesia Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.86	0.81	0.80	0.87	0.85

PT AirAsia Indonesia Tbk LT-Debt-to-Total-Asset Calculation

PT AirAsia Indonesia 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 )
	=	5182293.537	/	6116294.571
	=	0.85

PT AirAsia Indonesia Tbk's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	5182293.537	/	6116294.571
	=	0.85

PT AirAsia Indonesia Tbk (ISX:CMPP) 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 AirAsia Indonesia Tbk LT-Debt-to-Total-Asset Related Terms

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PT AirAsia Indonesia Tbk (ISX:CMPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT AirAsia Indonesia Tbk (ISX:CMPP) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Jl. Marsekal Suryadharma No. 1, Selapajang Jaya, Neglasari, Tangerang Banten, IDN, 15127

Website

https://ir.aaid.co.id

PT AirAsia Indonesia Tbk is an Indonesia-based company that engages in the provision of air transportation services. The company offers ticket booking, flight schedules, online airline status checking, and other related services. It operates through the following segments: Flight Operations; Ancillary and others. The Flight Operations segment generates maximum revenue for the company.

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