Precise PCL (BKK:PCC) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is Precise 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. Precise PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Precise PCL's long-term debt to total assets ratio declined from Mar. 2023 (0.06) to Mar. 2024 (0.04). It may suggest that Precise PCL is progressively becoming less dependent on debt to grow their business.

Precise PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Precise 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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Precise PCL LT-Debt-to-Total-Asset Chart

Precise PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.12

0.11

0.07

0.05

Precise PCL Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.06	0.06	0.05	0.05	0.04

Precise PCL LT-Debt-to-Total-Asset Calculation

Precise 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 )
	=	295.449	/	6576.972
	=	0.04

Precise 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 )
	=	260.662	/	6330.092
	=	0.04

Precise PCL (BKK:PCC) 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.

Precise PCL LT-Debt-to-Total-Asset Related Terms

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Precise PCL (BKK:PCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Precise Corp PCL (BKK:PCC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1842, Krung Thep-Nonthaburi Road, Wongsawang, Bang Sue, Bangkok, THA, 10800

Website

https://www.precise.co.th

Precise Corp PCL is an investment holding company. The company's segments include Production and distribution of electricity transmission equipment, project management, services and maintenance in low and high voltage of power industries and power utility management; Power station construction, transmission lines, high voltage substations, manufacturing, installation, control and intelligent electricity; Energy investment, production and distribution of electricity from renewable energy, and other related business; Design software management system, platform and information system for enterprise Bio-circular-green economy and Import and export of electrical and mechanical equipment and project sales.

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