Gujarat Lease Financing (BOM:500174) LT-Debt-to-Total-Asset : 1.59 (As of Sep. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Gujarat Lease Financing 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. Gujarat Lease Financing's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 1.59.

Gujarat Lease Financing's long-term debt to total assets ratio declined from Sep. 2023 (1.64) to Sep. 2024 (1.59). It may suggest that Gujarat Lease Financing is progressively becoming less dependent on debt to grow their business.

Gujarat Lease Financing LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gujarat Lease Financing'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.

* Premium members only.

Gujarat Lease Financing LT-Debt-to-Total-Asset Chart

Gujarat Lease Financing Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

2.74

1.67

1.69

1.63

1.59

Gujarat Lease Financing Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															1.64	-	1.59	-	1.59

Gujarat Lease Financing LT-Debt-to-Total-Asset Calculation

Gujarat Lease Financing'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 )
	=	100	/	62.786
	=

Gujarat Lease Financing's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	100	/	62.85
	=

Gujarat Lease Financing (BOM:500174) 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.

Gujarat Lease Financing LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Gujarat Lease Financing's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Gujarat Lease Financing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gujarat Lease Financing Ltd (BOM:500174) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

GLFL:India

Address

6th Floor, Hasubhai Chambers, Opposite Town Hall, Ellisbridge, Ahmedabad, GJ, IND, 380 006

Website

http://www.gujaratleasefinancing.co.in

Gujarat Lease Financing Ltd is an India-based company. It was engaged in providing financial services. It discontinued all its operations.

Gujarat Lease Financing Headlines

No Headlines