PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2024)

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What is PT Industri Dan Perdagangan Bintraco Dharma Tbk 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. PT Industri Dan Perdagangan Bintraco Dharma Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.07.

PT Industri Dan Perdagangan Bintraco Dharma Tbk's long-term debt to total assets ratio declined from Mar. 2023 (0.19) to Mar. 2024 (0.07). It may suggest that PT Industri Dan Perdagangan Bintraco Dharma Tbk is progressively becoming less dependent on debt to grow their business.

PT Industri Dan Perdagangan Bintraco Dharma Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Industri Dan Perdagangan Bintraco Dharma Tbk'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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PT Industri Dan Perdagangan Bintraco Dharma Tbk LT-Debt-to-Total-Asset Chart

PT Industri Dan Perdagangan Bintraco Dharma Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.31

0.28

0.39

0.11

0.06

PT Industri Dan Perdagangan Bintraco Dharma Tbk 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															0.19	0.17	0.15	0.06	0.07

PT Industri Dan Perdagangan Bintraco Dharma Tbk LT-Debt-to-Total-Asset Calculation

PT Industri Dan Perdagangan Bintraco Dharma Tbk'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 )
	=	246433.495	/	3868921.058
	=	0.06

PT Industri Dan Perdagangan Bintraco Dharma Tbk'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 )
	=	245430.118	/	3772829.01
	=	0.07

PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) 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.

PT Industri Dan Perdagangan Bintraco Dharma Tbk LT-Debt-to-Total-Asset Related Terms

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PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sunburst CBD Lot II No. 3, BSD City, Gedung CARSWORLD Lantai 8, Lengkong Gudang, Serpong, Banten, South Tangerang Selatan, IDN, 15321

Website

https://www.bintracodharma.com

PT Industri Dan Perdagangan Bintraco Dharma Tbk is an Indonesia-based company that engages in the automotive, financing, and other businesses. The services of the company include the sale of vehicles, the repair of vehicles, financing services related to motor vehicles, spare parts distribution, repair services, and trading activities as well as electronic system management services related to automotive that can be accessed through websites and mobile devices. The company also provides services that include general repair and body repair and paint of motor vehicles and sells spare parts and accessories for Toyota vehicles as part of its after-sales services. The company operates into segments namely, automotive, financing, and after-sales services.