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Ajmera Realty & Infra India (BOM:513349) LT-Debt-to-Total-Asset : 0.39 (As of Mar. 2024)


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What is Ajmera Realty & Infra India 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. Ajmera Realty & Infra India's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.39.

Ajmera Realty & Infra India's long-term debt to total assets ratio declined from Mar. 2023 (0.42) to Mar. 2024 (0.39). It may suggest that Ajmera Realty & Infra India is progressively becoming less dependent on debt to grow their business.


Ajmera Realty & Infra India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ajmera Realty & Infra India'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.

Ajmera Realty & Infra India LT-Debt-to-Total-Asset Chart

Ajmera Realty & Infra India 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 0.44 0.37 0.40 0.42 0.39

Ajmera Realty & Infra India 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 0.42 - 0.42 - 0.39

Ajmera Realty & Infra India LT-Debt-to-Total-Asset Calculation

Ajmera Realty & Infra India'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 )
=7643.2/19633.9
=0.39

Ajmera Realty & Infra India'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 )
=7643.2/19633.9
=0.39

* 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.


Ajmera Realty & Infra India  (BOM:513349) 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.


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Ajmera Realty & Infra India (BOM:513349) Business Description

Traded in Other Exchanges
Address
New Link Road, Citi Mall, 2nd Floor, Andheri (West), Mumbai, MH, IND, 400053
Ajmera Realty & Infra India Ltd is an Indian-based real estate company. It is engaged in developing residential, commercial, and retail properties. It also deals with the generation and supply of electricity. Some of its projects include Ajmera Lugaano, Ajmera Nucleus, Ajmera I-Land, Ajmera Sikova, and Ajmera Greenfinity.

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