Gunkul Engineering PCL (BKK:GUNKUL) LT-Debt-to-Total-Asset : 0.37 (As of Mar. 2024)

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What is Gunkul Engineering PCL 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. Gunkul Engineering PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.37.

Gunkul Engineering PCL's long-term debt to total assets ratio declined from Mar. 2023 (0.39) to Mar. 2024 (0.37). It may suggest that Gunkul Engineering PCL is progressively becoming less dependent on debt to grow their business.

Gunkul Engineering PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gunkul Engineering PCL'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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Gunkul Engineering PCL LT-Debt-to-Total-Asset Chart

Gunkul Engineering PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.49

0.42

0.45

0.40

0.36

Gunkul Engineering PCL 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															0.39	0.43	0.37	0.36	0.37

Gunkul Engineering PCL LT-Debt-to-Total-Asset Calculation

Gunkul Engineering PCL'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 )
	=	11932.255	/	32850.336
	=	0.36

Gunkul Engineering PCL'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 )
	=	12717.415	/	34167.767
	=	0.37

Gunkul Engineering PCL (BKK:GUNKUL) 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.

Gunkul Engineering PCL LT-Debt-to-Total-Asset Related Terms

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Gunkul Engineering PCL (BKK:GUNKUL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Gunkul Engineering PCL (BKK:GUNKUL) » Definitions » LT-Debt-to-Total-Asset

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Address

Phahonyothin Road, 8th Floor, 1177 Pearl Bangkok Building, Phaya Thai District, Bangkok, THA, 10400

Website

https://www.gunkul.com

Gunkul Engineering PCL is involved in the manufacturing and distribution of equipments for electrical systems, construction and investing in the generating and selling electricity business. Gunkul's product line includes turbine equipment, substations, cables & accessories, capacitors, switches, solar farms, wind farms, LED projects, and renewable energy projects. The company operates in four segment which are Manufacturing and selling of equipments for electrical system, Generating and selling electricity, Construction service, Maintenance service, rental service and others. Generating & selling electricity generates the most revenue for the company, and Gunkul generates most of its sales from the Thai domestic market.

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