Walchand Peoplefirst (BOM:501370) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Walchand Peoplefirst 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. Walchand Peoplefirst's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Walchand Peoplefirst's long-term debt to total assets ratio declined from Mar. 2023 (0.01) to Mar. 2024 (0.01). It may suggest that Walchand Peoplefirst is progressively becoming less dependent on debt to grow their business.

Walchand Peoplefirst LT-Debt-to-Total-Asset Historical Data

The historical data trend for Walchand Peoplefirst'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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Walchand Peoplefirst LT-Debt-to-Total-Asset Chart

Walchand Peoplefirst Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.07

0.02

0.01

Walchand Peoplefirst 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															0.01	-	0.01	-	0.01

Walchand Peoplefirst LT-Debt-to-Total-Asset Calculation

Walchand Peoplefirst's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	2.668	/	312.591
	=	0.01

Walchand Peoplefirst'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 )
	=	2.668	/	312.591
	=	0.01

Walchand Peoplefirst (BOM:501370) 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.

Walchand Peoplefirst LT-Debt-to-Total-Asset Related Terms

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Walchand Peoplefirst (BOM:501370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Walchand Peoplefirst Ltd (BOM:501370) » Definitions » LT-Debt-to-Total-Asset

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Address

5-Walchand Hirachand Marg, 1st Floor, Construction House, Ballard Estate, Mumbai, MH, IND, 400001

Website

https://www.walchandpeoplefirst.com

Walchand Peoplefirst Ltd operates in the Education industry. It is engaged in providing consulting and training services which cater to the educational and vocational business sectors in India. The company has a single segment namely Training. It also offers a broad range of assessment consultancy services. The group derives revenue from Training income in the areas of public programs, corporate programs, and long-term courses.

Walchand Peoplefirst (BOM:501370) Headlines

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