Arvind SmartSpaces (BOM:539301) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

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What is Arvind SmartSpaces 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. Arvind SmartSpaces's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

Arvind SmartSpaces's long-term debt to total assets ratio declined from Mar. 2023 (0.10) to Mar. 2024 (0.05). It may suggest that Arvind SmartSpaces is progressively becoming less dependent on debt to grow their business.

Arvind SmartSpaces LT-Debt-to-Total-Asset Historical Data

The historical data trend for Arvind SmartSpaces'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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Arvind SmartSpaces LT-Debt-to-Total-Asset Chart

Arvind SmartSpaces Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.09

0.18

0.03

0.10

0.05

Arvind SmartSpaces 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															0.10	-	0.04	-	0.05

Arvind SmartSpaces LT-Debt-to-Total-Asset Calculation

Arvind SmartSpaces'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 )
	=	943.473	/	21023.877
	=	0.04

Arvind SmartSpaces'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 )
	=	943.473	/	21023.877
	=	0.04

Arvind SmartSpaces (BOM:539301) 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.

Arvind SmartSpaces LT-Debt-to-Total-Asset Related Terms

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Arvind SmartSpaces (BOM:539301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arvind SmartSpaces Ltd (BOM:539301) » Definitions » LT-Debt-to-Total-Asset

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ARVSMART:India

Address

Behind Citibank, Off C.G. Road, 24, Government Servant's Society, Near Municipal Market, Navrangpura, Ahmedabad, GJ, IND, 380 009

Website

https://www.arvindsmartspaces.com

Arvind SmartSpaces Ltd is a real estate development company. The company is engaged in developing residential, commercial, and industrial projects. Geographically, it operates only in India. The company's projects in Ahmedabad include Alcove, Parishkaar, Citadel, Megatrade, Forreste, Uplands, and many more; the projects in Bengaluru, include Expansia, Sporcia, Oasis, Skylands, the Edge, and Belair; the projects in Pune include Elan. It generates revenue from the Sale of Commercial and residential units.

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