PIL Italica Lifestyle (BOM:500327) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is PIL Italica Lifestyle 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. PIL Italica Lifestyle's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

PIL Italica Lifestyle's long-term debt to total assets ratio declined from Mar. 2023 (0.01) to Mar. 2024 (0.01). It may suggest that PIL Italica Lifestyle is progressively becoming less dependent on debt to grow their business.

PIL Italica Lifestyle LT-Debt-to-Total-Asset Historical Data

The historical data trend for PIL Italica Lifestyle'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.

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PIL Italica Lifestyle LT-Debt-to-Total-Asset Chart

PIL Italica Lifestyle Annual Data

Trend

Mar15

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Mar24

LT-Debt-to-Total-Asset

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0.01

PIL Italica Lifestyle Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	0.01	-	0.01

PIL Italica Lifestyle LT-Debt-to-Total-Asset Calculation

PIL Italica Lifestyle'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 )
	=	6.515	/	971.043
	=	0.01

PIL Italica Lifestyle's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	6.515	/	971.043
	=	0.01

PIL Italica Lifestyle (BOM:500327) 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.

PIL Italica Lifestyle LT-Debt-to-Total-Asset Related Terms

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PIL Italica Lifestyle (BOM:500327) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » PIL Italica Lifestyle Ltd (BOM:500327) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

PILITA:India

Address

Kodiyat Road, Village Sisarma, Udaipur, RJ, IND, 313031

Website

https://www.italica.com

PIL Italica Lifestyle Ltd operates in the plastic moulded furniture industry. The company is a producer of plastic moulded furniture and other injection moulded articles. The company offers a varied range of plastic furniture products such as plastic chairs, plastic tables, plastic stools, plastic furniture sets, trolleys, sun loungers, plastic crates, storage bins, waste bins, and other products.

PIL Italica Lifestyle (BOM:500327) Headlines

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