PT Aneka Tambang Tbk (ASX:ATM) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is PT Aneka Tambang 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 Aneka Tambang Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

PT Aneka Tambang Tbk's long-term debt to total assets ratio declined from Mar. 2023 (0.04) to Mar. 2024 (0.02). It may suggest that PT Aneka Tambang Tbk is progressively becoming less dependent on debt to grow their business.

PT Aneka Tambang Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Aneka Tambang 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 Aneka Tambang Tbk LT-Debt-to-Total-Asset Chart

PT Aneka Tambang 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

0.11

0.12

0.06

0.02

PT Aneka Tambang 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															0.04	0.04	0.03	0.02	0.02

PT Aneka Tambang Tbk LT-Debt-to-Total-Asset Calculation

PT Aneka Tambang 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 )
	=	91.58	/	4152.821
	=	0.02

PT Aneka Tambang 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 )
	=	83.058	/	3994.123
	=	0.02

PT Aneka Tambang Tbk (ASX:ATM) 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 Aneka Tambang Tbk LT-Debt-to-Total-Asset Related Terms

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PT Aneka Tambang Tbk (ASX:ATM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Aneka Tambang Tbk (ASX:ATM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ANTM:Indonesia AKTA:Germany

Address

Jalan Letjen T.B. Simatupang No. 1, Gedung Aneka Tambang Tower A, Lingkar Selatan, Tanjung Barat, Jakarta, IDN, 12530

Website

https://www.antam.com

PT Aneka Tambang Tbk is an Indonesian mining company that explores, excavates, processes, and sells minerals. ANTAM is split into three operating segments: gold and refinery, nickel, and other. The gold and refinery operating segment, which comprises the majority of ANTAM's total revenue, mines and processes gold and silver. The nickel operating segment, which constitutes nearly all remaining company sales, sells ferronickel and nickel ore. The company operates several mines, which are all located domestically. Nearly half of the company's revenue is generated within Indonesia, and the remainder comes from exports to East Asia and South Asia.

PT Aneka Tambang Tbk (ASX:ATM) Headlines

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