Eicher Motors (BOM:505200) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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

Eicher Motors's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.01). It may suggest that Eicher Motors is progressively becoming more dependent on debt to grow their business.

Eicher Motors LT-Debt-to-Total-Asset Historical Data

The historical data trend for Eicher Motors'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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Eicher Motors LT-Debt-to-Total-Asset Chart

Eicher Motors Annual Data

Trend

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Mar24

LT-Debt-to-Total-Asset

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0.01

Eicher Motors 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

Eicher Motors LT-Debt-to-Total-Asset Calculation

Eicher Motors'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 )
	=	2714.4	/	231279.3
	=	0.01

Eicher Motors'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 )
	=	2714.4	/	231279.3
	=	0.01

Eicher Motors (BOM:505200) 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.

Eicher Motors LT-Debt-to-Total-Asset Related Terms

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Eicher Motors (BOM:505200) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Eicher Motors Ltd (BOM:505200) » Definitions » LT-Debt-to-Total-Asset

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EICHERMOT:India

Address

No. 96, Sector 32, Gurugram, HR, IND, 122001

Website

https://www.eichermotors.com

Eicher Motors Ltd is an Indian automobile manufacturer. The company organizes itself into two divisions, based on product type: motorcycles, and commercial vehicles. The motorcycles division, the most significant contributor to Eicher Motors' revenue, produces motorcycles through the Royal Enfield brand. The commercial vehicles divisions, through a joint venture with Volvo, produces trucks and buses for sale in India and other developing markets. The company derives the vast majority of revenue domestically.

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