Savera Industries (BOM:512634) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Savera Industries 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. Savera Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Savera Industries's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Mar. 2024 (0.02). It may suggest that Savera Industries is progressively becoming more dependent on debt to grow their business.

Savera Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Savera Industries'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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Savera Industries LT-Debt-to-Total-Asset Chart

Savera Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.03

0.02

0.01

0.02

Savera Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.02	-	-	0.02

Savera Industries LT-Debt-to-Total-Asset Calculation

Savera Industries'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 )
	=	20.168	/	954.423
	=	0.02

Savera Industries'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 )
	=	20.168	/	954.423
	=	0.02

Savera Industries (BOM:512634) 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.

Savera Industries LT-Debt-to-Total-Asset Related Terms

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Savera Industries (BOM:512634) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Savera Industries Ltd (BOM:512634) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 146, Dr. Radhakrishnan Road, Mylapore, Chennai, TN, IND, 600004

Website

https://www.saverahotel.com

Savera Industries Ltd is engaged in the business of Hoteliering. It provides facilities for business conferences and banquets, a swimming pool, health club and restaurants. The Savera Hotel offers various categories of rooms, such as business standard, business club, executive, executive superior and executive club. Its room facilities include a mini bar with rooms, in-room electronic safe lockers, laundry and dry cleaning, spa, health club, travel desk, shopping arcade and valet parking. It also offers meetings and events, such as Samavesh, Sandesh, Maple, Fern, Pine, Sabha, Olive, Harappa, and Hampi.

Savera Industries (BOM:512634) Headlines

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