PT Rukun Raharja Tbk (ISX:RAJA) LT-Debt-to-Total-Asset : 0.32 (As of Mar. 2024)

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What is PT Rukun Raharja 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 Rukun Raharja Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.32.

PT Rukun Raharja Tbk's long-term debt to total assets ratio declined from Mar. 2023 (0.43) to Mar. 2024 (0.32). It may suggest that PT Rukun Raharja Tbk is progressively becoming less dependent on debt to grow their business.

PT Rukun Raharja Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Rukun Raharja 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 Rukun Raharja Tbk LT-Debt-to-Total-Asset Chart

PT Rukun Raharja Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.18

0.12

0.40

0.38

0.33

PT Rukun Raharja 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															0.43	0.38	0.43	0.33	0.32

PT Rukun Raharja Tbk LT-Debt-to-Total-Asset Calculation

PT Rukun Raharja 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 )
	=	1661782.366	/	5066435.221
	=	0.33

PT Rukun Raharja 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 )
	=	1603664.073	/	5037591.899
	=	0.32

PT Rukun Raharja Tbk (ISX:RAJA) 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 Rukun Raharja Tbk LT-Debt-to-Total-Asset Related Terms

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PT Rukun Raharja Tbk (ISX:RAJA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PT Rukun Raharja Tbk (ISX:RAJA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Jalan Thamrin Boulevard, Office Park Thamrin Residences Blok A 01-05, Kel. Kebon Melati, Kec. Tanah Abang, Jakarta, IDN, 10230

Website

https://www.raja.co.id

PT Rukun Raharja Tbk through its subsidiaries is engaged in the distribution of natural gas, LPG distribution, and related activities and gas transmission and compression. Its segments include Natural Gas Distribution Segment; Infrastructure Segment and Other Segments. It conducts its business in the field of service or natural gas distribution services, provision, and management of loading and unloading of containers, filling, and transportation services to LPG gas cylinders.

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