PT Menthobi Karyatama Raya Tbk (ISX:MKTR) LT-Debt-to-Total-Asset : 0.36 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is PT Menthobi Karyatama Raya 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 Menthobi Karyatama Raya Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.36.

PT Menthobi Karyatama Raya Tbk's long-term debt to total assets ratio increased from Mar. 2023 (0.26) to Mar. 2024 (0.36). It may suggest that PT Menthobi Karyatama Raya Tbk is progressively becoming more dependent on debt to grow their business.

PT Menthobi Karyatama Raya Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Menthobi Karyatama Raya 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.

* Premium members only.

PT Menthobi Karyatama Raya Tbk LT-Debt-to-Total-Asset Chart

PT Menthobi Karyatama Raya Tbk Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.45

0.48

0.44

0.22

0.43

PT Menthobi Karyatama Raya Tbk Quarterly Data
	Dec19	Dec20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.26	0.38	0.43	0.43	0.36

PT Menthobi Karyatama Raya Tbk LT-Debt-to-Total-Asset Calculation

PT Menthobi Karyatama Raya 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 )
	=	576969.254	/	1331794.557
	=	0.43

PT Menthobi Karyatama Raya 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 )
	=	491623.79	/	1364535.67
	=	0.36

PT Menthobi Karyatama Raya Tbk (ISX:MKTR) 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 Menthobi Karyatama Raya Tbk LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of PT Menthobi Karyatama Raya Tbk's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Menthobi Karyatama Raya Tbk (ISX:MKTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Menthobi Karyatama Raya Tbk (ISX:MKTR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gedung Wisma Maktour Lt.4, Jalan Otto Iskandardinata No. 80, Jakarta Timur, IDN, 13330

Website

https://www.mktr.co.id

PT Menthobi Karyatama Raya Tbk focuses on the management of plantation products. The Group presented three operating segments, being crude palm oil, palm kernel and fresh fruit bunches.

PT Menthobi Karyatama Raya Tbk (ISX:MKTR) Headlines

No Headlines