MIC Electronics (NSE:MICEL) Debt-to-Asset : 0.00 (As of Dec. 2023)

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What is MIC Electronics Debt-to-Asset?

MIC Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. MIC Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. MIC Electronics's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

MIC Electronics Debt-to-Asset Historical Data

The historical data trend for MIC Electronics'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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MIC Electronics Debt-to-Asset Chart

MIC Electronics Annual Data

Trend

Jun13

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Asset

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0.66

0.84

0.51

0.11

0.19

MIC Electronics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															-	0.19	-	0.13	-

Competitive Comparison of MIC Electronics's Debt-to-Asset

For the Electronic Components subindustry, MIC Electronics'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.

MIC Electronics's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MIC Electronics's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where MIC Electronics's Debt-to-Asset falls into.

MIC Electronics Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

MIC Electronics'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
	=	(147.567	+	18.048)	/	873.998
	=	0.19

MIC Electronics's Debt-to-Asset for the quarter that ended in Dec. 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
	=	(0	+	0)	/	0
	=	N/A

MIC Electronics (NSE:MICEL) 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.

MIC Electronics Debt-to-Asset Related Terms

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MIC Electronics (NSE:MICEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MIC Electronics Ltd (NSE:MICEL) » Definitions » Debt-to-Asset

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Traded in Other Exchanges

532850:India

Address

Plot No. 192/B, Phase-II, IDA, Cherlapally, Rangareddi, Hyderabad, TG, IND, 500051

Website

https://www.mic.co.in

MIC Electronics Ltd designs, develops and manufactures light-emitting diode (LED) video displays, high-end electronic and telecommunication equipment, and development of telecom software. The operating segments of the group are LED products; Medical appliances and Automobiles. Its products include LED Lighting, LED Displays, Oxygen concentrators and Batteries. The group primarily derives revenue from India.

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