Asia Aviation PCL (BKK:AAV) Debt-to-Asset : 0.63 (As of Mar. 2024)

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What is Asia Aviation PCL Debt-to-Asset?

Asia Aviation PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿9,927 Mil. Asia Aviation PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿34,283 Mil. Asia Aviation PCL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ฿70,536 Mil. Asia Aviation PCL's debt to asset for the quarter that ended in Mar. 2024 was 0.63.

Asia Aviation PCL Debt-to-Asset Historical Data

The historical data trend for Asia Aviation PCL's Debt-to-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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Asia Aviation PCL Debt-to-Asset Chart

Asia Aviation PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.35

0.57

0.63

0.68

0.64

Asia Aviation PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.65	0.66	0.66	0.64	0.63

Competitive Comparison of Asia Aviation PCL's Debt-to-Asset

For the Airlines subindustry, Asia Aviation PCL's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Asia Aviation PCL's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asia Aviation PCL's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Asia Aviation PCL's Debt-to-Asset falls into.

Asia Aviation PCL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Asia Aviation PCL's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(9524.403	+	33537.52)	/	67793.881
	=	0.64

Asia Aviation PCL's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(9927.214	+	34282.761)	/	70535.641
	=	0.63

Asia Aviation PCL (BKK:AAV) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Asia Aviation PCL Debt-to-Asset Related Terms

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Asia Aviation PCL (BKK:AAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Asia Aviation PCL (BKK:AAV) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

55AA:Germany

Address

Vibhavadee Rangsit Road, 3rd floor, Central Office Building, Room no. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210

Website

https://www.aavplc.com

Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. The company has two operating segments; Schedule flight operations provide passenger air transportation services to routine destinations for scheduled flights. It sells tickets through its distribution channels such as websites, sale counters, travel agents. and Chartered flight operations provide passenger air transportation services to non-routine destinations. Flights are operated when there is hiring from customers such as tourist agency companies.

Asia Aviation PCL (BKK:AAV) Headlines

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