Capital India Finance (BOM:530879) LT-Debt-to-Total-Asset : 0.50 (As of Mar. 2024)

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What is Capital India Finance 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. Capital India Finance's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.50.

Capital India Finance's long-term debt to total assets ratio increased from Mar. 2023 (0.30) to Mar. 2024 (0.50). It may suggest that Capital India Finance is progressively becoming more dependent on debt to grow their business.

Capital India Finance LT-Debt-to-Total-Asset Historical Data

The historical data trend for Capital India Finance'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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Capital India Finance LT-Debt-to-Total-Asset Chart

Capital India Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.16

0.30

0.28

0.30

0.50

Capital India Finance 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															0.30	-	0.52	-	0.50

Capital India Finance LT-Debt-to-Total-Asset Calculation

Capital India Finance'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 )
	=	8992.579	/	18009.015
	=	0.50

Capital India Finance'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 )
	=	8992.579	/	18009.015
	=	0.50

Capital India Finance (BOM:530879) 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.

Capital India Finance LT-Debt-to-Total-Asset Related Terms

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Capital India Finance (BOM:530879) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Capital India Finance Ltd (BOM:530879) » Definitions » LT-Debt-to-Total-Asset

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Address

Dr. Annie Besant Road, Level - 20, Birla Aurora, Worli, Mumbai, MH, IND, 400030

Website

https://www.capitalindia.com

Capital India Finance Ltd is a non-banking financial company. The company is engaged in the business of giving loans or finance & investment activities. Its financial solutions consist of Small Business Finance which includes working capital loans, project finance, structured finance, loan against property; Retail Finance portfolio comprises of home loans, home improvement loans, home extension loans, NRI home loans.

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