PT Adhi Kartiko Pratama Tbk (ISX:NICE) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2023)

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What is PT Adhi Kartiko Pratama 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 Adhi Kartiko Pratama Tbk's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.03.

PT Adhi Kartiko Pratama Tbk's long-term debt to total assets ratio increased from Jun. 2022 (0.00) to Jun. 2023 (0.03). It may suggest that PT Adhi Kartiko Pratama Tbk is progressively becoming more dependent on debt to grow their business.

PT Adhi Kartiko Pratama Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Adhi Kartiko Pratama 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 Adhi Kartiko Pratama Tbk LT-Debt-to-Total-Asset Chart

PT Adhi Kartiko Pratama Tbk Annual Data

Trend

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.01

0.03

PT Adhi Kartiko Pratama Tbk Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	0.01	-	-	0.03	0.03

PT Adhi Kartiko Pratama Tbk LT-Debt-to-Total-Asset Calculation

PT Adhi Kartiko Pratama Tbk's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	7817.5	/	283452.899
	=	0.03

PT Adhi Kartiko Pratama Tbk's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	6571.834	/	265717.484
	=	0.02

PT Adhi Kartiko Pratama Tbk (ISX:NICE) 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 Adhi Kartiko Pratama Tbk LT-Debt-to-Total-Asset Related Terms

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PT Adhi Kartiko Pratama Tbk (ISX:NICE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Adhi Kartiko Pratama Tbk (ISX:NICE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

PT Adhi Kartiko Pratama Tbk is engaged in Nickel Ore Mining. Its mine location is Lameruru Village/Subdistrict, District. Langgikima, Kab. North Konawe, Southeast Sulawesi Province.