Samart Digital PCL (BKK:SIM) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Samart Digital 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. Samart Digital PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Samart Digital PCL's long-term debt to total assets ratio declined from Mar. 2023 (0.09) to Mar. 2024 (0.01). It may suggest that Samart Digital PCL is progressively becoming less dependent on debt to grow their business.

Samart Digital PCL LT-Debt-to-Total-Asset Historical Data

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

Samart Digital PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.12

0.43

0.13

0.10

0.01

Samart Digital 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															0.09	0.09	0.10	0.01	0.01

Samart Digital PCL LT-Debt-to-Total-Asset Calculation

Samart Digital 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 )
	=	27.366	/	4599.671
	=	0.01

Samart Digital 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 )
	=	36.746	/	4135.984
	=	0.01

Samart Digital PCL (BKK:SIM) 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.

Samart Digital PCL LT-Debt-to-Total-Asset Related Terms

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Samart Digital PCL (BKK:SIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Samart Digital PCL (BKK:SIM) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Chaengwattana Road, No. 99/2, Moo 4, Software Park Building, 34th Floor, Klong Gluar, Pak-kred, Nonthaburi, THA, 11120

Website

https://www.samartdigital.com

Samart Digital PCL is engaged in the distribution of telecommunications equipment and providing integrated business in the digital network and solutions. It has two segments. The Digital Network is engaged in the provision of Digital Trunked Radio systems and distribution equipment, audiovisual equipment network and software systems and a mobile antenna services provider. Its Digital Content segment is engaged in the provision of voice services, audiovisual, multimedia services, infotainment services through mobile phones, interactive media services, website services, entertainment services, and content providers through multimedia channels. The company generates maximum revenue from the Digital Network segment and geographically from Thailand.