Siam Wellness Group PCL (BKK:SPA) LT-Debt-to-Total-Asset : 0.28 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Siam Wellness Group 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. Siam Wellness Group PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.28.

Siam Wellness Group PCL's long-term debt to total assets ratio declined from Mar. 2023 (0.47) to Mar. 2024 (0.28). It may suggest that Siam Wellness Group PCL is progressively becoming less dependent on debt to grow their business.

Siam Wellness Group PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Siam Wellness Group 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.

* Premium members only.

Siam Wellness Group PCL LT-Debt-to-Total-Asset Chart

Siam Wellness Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.05

0.50

0.55

0.54

0.34

Siam Wellness Group 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															0.47	0.44	0.38	0.34	0.28

Siam Wellness Group PCL LT-Debt-to-Total-Asset Calculation

Siam Wellness Group 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 )
	=	671.745	/	1973.018
	=	0.34

Siam Wellness Group 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 )
	=	537.532	/	1909.428
	=	0.28

Siam Wellness Group PCL (BKK:SPA) 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.

Siam Wellness Group PCL LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Siam Wellness Group PCL's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Siam Wellness Group PCL (BKK:SPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Siam Wellness Group PCL (BKK:SPA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prachasongkroh Road, 565, 567 B.U. Place Building, 22nd Floor, Soi Suthiporn, Dindaeng Sub-district, Dindaeng District, Bangkok, THA, 10400

Website

https://www.siamwellnessgroup.com

Siam Wellness Group PCL is a Thailand-based company and is principally engaged in the spa business. The business is organized into three segments being: Spa services, Sales of spa products and healthy products and Hotel and restaurant which operates boutique resorts and restaurants. Key revenue is earned from providing spa services. The Group operates in Thailand.