PT BFI Finance Indonesia Tbk (PT BFI Finance Indonesia Tbk) LT-Debt-to-Total-Asset : 0.25 (As of Mar. 2024)

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What is PT BFI Finance Indonesia 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 BFI Finance Indonesia Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.25.

PT BFI Finance Indonesia Tbk's long-term debt to total assets ratio declined from Mar. 2023 (0.28) to Mar. 2024 (0.25). It may suggest that PT BFI Finance Indonesia Tbk is progressively becoming less dependent on debt to grow their business.

PT BFI Finance Indonesia Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT BFI Finance Indonesia 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 BFI Finance Indonesia Tbk LT-Debt-to-Total-Asset Chart

PT BFI Finance Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.60

0.51

0.47

0.54

0.56

PT BFI Finance Indonesia 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															0.28	0.28	0.24	0.56	0.25

PT BFI Finance Indonesia Tbk LT-Debt-to-Total-Asset Calculation

PT BFI Finance Indonesia 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 )
	=	868.36	/	1556.268
	=	0.56

PT BFI Finance Indonesia 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 )
	=	395.92	/	1567.741
	=	0.25

PT BFI Finance Indonesia Tbk (OTCPK:PBIIF) 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 BFI Finance Indonesia Tbk LT-Debt-to-Total-Asset Related Terms

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PT BFI Finance Indonesia Tbk (PT BFI Finance Indonesia Tbk) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » PT BFI Finance Indonesia Tbk (OTCPK:PBIIF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

BFIN:Indonesia

Address

BFI Tower, Sunburst CBD Lot 1.2, Jalan Kapten Soebijanto Djojohadikusumo, BSD City, South Tangerang, IDN, 15322

Website

https://www.bfi.co.id

PT BFI Finance Indonesia Tbk is a financial company operating in Indonesia providing finance for vehicles, heavy equipment, trucks and machinery, housing, and shops, as well as for procurement of goods and services. The company's main business is the financing of used four-wheelers. It also offers the financial lease of heavy equipment for metal mining, general contractors, agriculture, and transportation sectors. The company operates its business in two segments which are Consumer financing and Financial lease. The company has a presence in Java, Kalimantan, Sumatera, and Sulawesi.

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