Laxmi Goldorna House (NSE:LGHL) Debt-to-Asset : 0.52 (As of Sep. 2024)

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What is Laxmi Goldorna House Debt-to-Asset?

Laxmi Goldorna House's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹111 Mil. Laxmi Goldorna House's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹611 Mil. Laxmi Goldorna House's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ₹1,378 Mil. Laxmi Goldorna House's debt to asset for the quarter that ended in Sep. 2024 was 0.52.

Laxmi Goldorna House Debt-to-Asset Historical Data

The historical data trend for Laxmi Goldorna House'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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Laxmi Goldorna House Debt-to-Asset Chart

Laxmi Goldorna House Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.47

0.25

0.31

0.22

0.49

Laxmi Goldorna House Quarterly Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial										-	-	0.49	-	0.52

Competitive Comparison of Laxmi Goldorna House's Debt-to-Asset

For the Luxury Goods subindustry, Laxmi Goldorna House'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.

Laxmi Goldorna House's Debt-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Laxmi Goldorna House's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Laxmi Goldorna House's Debt-to-Asset falls into.

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Laxmi Goldorna House Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Laxmi Goldorna House's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(104.206	+	423.585)	/	1079.127
	=	0.49

Laxmi Goldorna House's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(110.708	+	610.531)	/	1377.667
	=	0.52

Laxmi Goldorna House (NSE:LGHL) 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.

Laxmi Goldorna House Debt-to-Asset Related Terms

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Laxmi Goldorna House Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Laxmi Goldorna House Ltd (NSE:LGHL) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

M. G. Haveli Road, Laxmi House, Opposite Bandharano Khancho, Manekchowk, Ahmedabad, GJ, IND, 380001

Website

http://laxmilifestyle.co.in

Laxmi Goldorna House Ltd is engaged in manufacturing and trading business of branded gold jewellery and ornaments. Its collection of manufactured product includes gold jewellery with or without studded precious and semi-precious stones. It is also engaged in the real estate business that includes the construction of commercial and residential projects.