Arihant Academy (NSE:ARIHANTACA) Liabilities-to-Assets : 0.43 (As of Sep. 2023)

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What is Arihant Academy Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Arihant Academy's Total Liabilities for the quarter that ended in Sep. 2023 was ₹138.4 Mil. Arihant Academy's Total Assets for the quarter that ended in Sep. 2023 was ₹326.0 Mil. Therefore, Arihant Academy's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.43.

Arihant Academy Liabilities-to-Assets Historical Data

The historical data trend for Arihant Academy's Liabilities-to-Assets 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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Arihant Academy Liabilities-to-Assets Chart

Arihant Academy Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Liabilities-to-Assets

0.78

0.65

0.55

0.30

Arihant Academy Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Sep23
Liabilities-to-Assets	Get a 7-Day Free Trial			0.55	-	-	0.30	0.43

Competitive Comparison of Arihant Academy's Liabilities-to-Assets

For the Education & Training Services subindustry, Arihant Academy's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.

Arihant Academy's Liabilities-to-Assets Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Arihant Academy's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Arihant Academy's Liabilities-to-Assets falls into.

Arihant Academy Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Arihant Academy's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )	=	Total Liabilities	/	Total Assets
	=	83.933	/	280.473
	=	0.30

Arihant Academy's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )	=	Total Liabilities	/	Total Assets
	=	138.4	/	325.952
	=	0.42

Arihant Academy (NSE:ARIHANTACA) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Arihant Academy Liabilities-to-Assets Related Terms

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Arihant Academy (NSE:ARIHANTACA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arihant Academy Ltd (NSE:ARIHANTACA) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Carter Road No. 3, Ground Floor, Triveni Sadan, Opposite Ambe Mata Temple, Borivali (East), Mumbai, MH, IND, 400 066

Website

https://www.arihantacademy.com

Arihant Academy Ltd is engaged in providing coaching services and parallel educational support in India. It is a coaching institute for SSC, ICSE, Science & Commerce, and also for entrance exams such as JEE (Main), JEE (Advanced) and MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra), CS and CA for the entry-level and second level exam. The company generates key revenue from coaching services. It provides a comprehensive range of coaching services to students across various fields: Secondary School Section (SSC, ICSE & CBSE BOARD) and Higher Secondary Section.

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