Premier Marketing PCL (BKK:PM) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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

Premier Marketing PCL's long-term debt to total assets ratio increased from Mar. 2023 (0.03) to Mar. 2024 (0.04). It may suggest that Premier Marketing PCL is progressively becoming more dependent on debt to grow their business.

Premier Marketing PCL LT-Debt-to-Total-Asset Historical Data

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

Premier Marketing PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.01

0.03

0.05

Premier Marketing 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															0.03	0.04	0.04	0.05	0.04

Premier Marketing PCL LT-Debt-to-Total-Asset Calculation

Premier Marketing 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 )
	=	132.54	/	2589.791
	=	0.05

Premier Marketing 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 )
	=	114.001	/	2774.591
	=	0.04

Premier Marketing PCL (BKK:PM) 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.

Premier Marketing PCL LT-Debt-to-Total-Asset Related Terms

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Premier Marketing PCL (BKK:PM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Premier Marketing PCL (BKK:PM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Soi Premier 2, Srinakarin Road, 1 Premier Corporate Park, Kwaeng Nongbon, Khet Prawet, Bangkok, THA, 10250

Website

https://www.premier-marketing.co.th

Premier Marketing PCL is engaged in the distribution of consumer products. The company operates through three segments which include Distribution of consumer products, Manufacture of food, and Cold storage warehouse and services. It generates maximum revenue from the Distribution of consumer products segment. Its products consist of varieties of snacks, food and beverages, confectioneries, nutritional food and pastilles, pharmaceuticals and dietary supplements, personal care, and household products. Geographically, it derives a majority of revenue from Thailand.