PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) LT-Debt-to-Total-Asset : 0.41 (As of Dec. 2023)

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What is PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.41.

PT Tower Bersama Infrastructure Tbk's long-term debt to total assets ratio declined from Dec. 2022 (0.54) to Dec. 2023 (0.41). It may suggest that PT Tower Bersama Infrastructure Tbk is progressively becoming less dependent on debt to grow their business.

PT Tower Bersama Infrastructure Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk LT-Debt-to-Total-Asset Chart

PT Tower Bersama Infrastructure Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.67

0.37

0.56

0.54

0.41

PT Tower Bersama Infrastructure Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.54	0.46	0.46	0.48	0.41

PT Tower Bersama Infrastructure Tbk LT-Debt-to-Total-Asset Calculation

PT Tower Bersama Infrastructure 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 )
	=	1241.59	/	3046.605
	=	0.41

PT Tower Bersama Infrastructure Tbk's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	1241.59	/	3046.605
	=	0.41

PT Tower Bersama Infrastructure Tbk (OTCPK:PTFRY) 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 Tower Bersama Infrastructure Tbk LT-Debt-to-Total-Asset Related Terms

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PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Tower Bersama Infrastructure Tbk (OTCPK:PTFRY) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

TBIG:Indonesia

Address

Jl. H.R Rasuna Said, Kawasan Rasuna Epicentrum, Jakarta Selatan, The Convergence Indonesia 11th Floor, Jakarta, IDN, 12940

Website

https://www.tower-bersama.com

PT Tower Bersama Infrastructure Tbk is a provider of coverage solutions. The firm's primary business is leasing space for antennas and other equipment for wireless signal transmission to telecommunication operators. PT Tower Bersama's other services include network planning, land acquisition and site licensing, infrastructure design and construction, network installation and project management, network expansion rollouts, and ongoing servicing. The Company also provides telecommunications operators with access to its Distributed Antennae System networks in shopping malls and office buildings in urban areas. A majority of the firm's revenue is generated in Indonesia.

PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Headlines

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