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Aspire and Innovative Advertising (NSE:ASPIRE) Debt-to-Asset : 0.14 (As of Sep. 2023)


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What is Aspire and Innovative Advertising Debt-to-Asset?

Aspire and Innovative Advertising's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹57 Mil. Aspire and Innovative Advertising's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹59 Mil. Aspire and Innovative Advertising's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was ₹814 Mil. Aspire and Innovative Advertising's debt to asset for the quarter that ended in Sep. 2023 was 0.14.

Aspire and Innovative Advertising Debt-to-Asset Historical Data

The historical data trend for Aspire and Innovative Advertising's Debt-to-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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Aspire and Innovative Advertising Debt-to-Asset Chart

Aspire and Innovative Advertising Annual Data
Trend Mar21 Mar22 Mar23
Debt-to-Asset
0.02 0.02 0.14

Aspire and Innovative Advertising Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Debt-to-Asset 0.02 0.02 0.14 0.14

Competitive Comparison of Aspire and Innovative Advertising's Debt-to-Asset

For the Integrated Freight & Logistics subindustry, Aspire and Innovative Advertising's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Aspire and Innovative Advertising's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aspire and Innovative Advertising's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Aspire and Innovative Advertising's Debt-to-Asset falls into.


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Aspire and Innovative Advertising Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Aspire and Innovative Advertising's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(42.752 + 45.401) / 625.699
=0.14

Aspire and Innovative Advertising's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(57.341 + 58.748) / 813.572
=0.14

* 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.

Aspire and Innovative Advertising  (NSE:ASPIRE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Aspire and Innovative Advertising Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Aspire and Innovative Advertising's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Aspire and Innovative Advertising Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aspire and Innovative Advertising Ltd (NSE:ASPIRE) » Definitions » Debt-to-Asset
Comparable Companies
BOM:543754 BOM:520127 NSE:JETFREIGHT NSE:TIMESCAN BOM:540597 BOM:543618 BOM:540006 NSE:MARINETRAN NSE:OLIL NSE:PRANIK UPS FDX OCSE:DSV XTER:DHL SZSE:002352 XSWX:KNIN JBHT EXPD ZTO CHRW
Traded in Other Exchanges
N/A
Address
Plot No. 52, Sector-44, Soulstice Building, Second Floor, Gurugram, HR, IND, 122003
Website
https://www.aspireinnovate.in
Aspire and Innovative Advertising Ltd is engaged in the business of trading range of consumer durables like kitchen appliances, home appliances, white goods, mobile phones and its accessories, solar products etc. of multiple renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells and many more. It provide one platform that bring multiple brands under one umbrella. It is an end-to-end solution company to help partners in Last Mile Delivery Services & Product Distribution and provide technical, operational, financial & after-sales services in the narrowest corner of India.

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