Shantidoot Infra Services (BOM:543598) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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

Shantidoot Infra Services's long-term debt to total assets ratio declined from Mar. 2023 (0.07) to Mar. 2024 (0.01). It may suggest that Shantidoot Infra Services is progressively becoming less dependent on debt to grow their business.

Shantidoot Infra Services LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shantidoot Infra Services'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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Shantidoot Infra Services LT-Debt-to-Total-Asset Chart

Shantidoot Infra Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.30

0.41

0.15

0.07

0.01

Shantidoot Infra Services Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.15	0.08	0.07	0.07	0.01

Shantidoot Infra Services LT-Debt-to-Total-Asset Calculation

Shantidoot Infra Services'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 )
	=	1	/	72.918
	=	0.01

Shantidoot Infra Services'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 )
	=	1	/	72.918
	=	0.01

Shantidoot Infra Services (BOM:543598) 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.

Shantidoot Infra Services LT-Debt-to-Total-Asset Related Terms

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Shantidoot Infra Services (BOM:543598) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shantidoot Infra Services Ltd (BOM:543598) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Patliputra Colony, House No. 221, 2nd floor, Patna, BR, IND, 800013

Website

https://www.shantidootinfra.com

Shantidoot Infra Services Ltd is a specialized provider of construction services to the education, healthcare and hospitality sectors. Apart from undertaking new projects the company also carry out projects of re-designing, re-modeling and renovating institutions as per the need of clients. It categorize projects mainly into two segments namely Government sector and Private sector. It is also focused primarily on construction and development of residential and commercial projects, in and around Bihar. The company secure private sector contracts, in general, through one-to-one negotiation and Government contracts through bids as per the public notice issued by government departments.

Shantidoot Infra Services (BOM:543598) Headlines

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