GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Abans Enterprises Ltd (BOM:512165) » Definitions » LT-Debt-to-Total-Asset

Abans Enterprises (BOM:512165) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Abans Enterprises 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. Abans Enterprises's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

Abans Enterprises's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.06). It may suggest that Abans Enterprises is progressively becoming more dependent on debt to grow their business.


Abans Enterprises LT-Debt-to-Total-Asset Historical Data

The historical data trend for Abans Enterprises'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.

Abans Enterprises LT-Debt-to-Total-Asset Chart

Abans Enterprises Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.14 0.18 0.01 0.06

Abans Enterprises 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - 0.01 - 0.06

Abans Enterprises LT-Debt-to-Total-Asset Calculation

Abans Enterprises'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 )
=247.956/4451.313
=0.06

Abans Enterprises'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 )
=247.956/4451.313
=0.06

* 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.


Abans Enterprises  (BOM:512165) 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.


Abans Enterprises LT-Debt-to-Total-Asset Related Terms

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


Abans Enterprises (BOM:512165) Business Description

Traded in Other Exchanges
N/A
Address
227 Nariman Bhavan, 36, 37, 38A, 3rd Floor, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400 021
Abans Enterprises Ltd is involved in the business of trading, processing, broking, and consulting in commodities, agricultural products, precious metals, shares, and derivatives in electronic exchanges. The company's operating segment includes General Trading of commodities and Trading in Derivatives. It generates maximum revenue from the General Trading of commodities segment.

Abans Enterprises (BOM:512165) Headlines

No Headlines