Williamson Financial Services (BOM:519214) LT-Debt-to-Total-Asset : 2.51 (As of Mar. 2024)

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What is Williamson Financial Services 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. Williamson Financial Services's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 2.51.

Williamson Financial Services's long-term debt to total assets ratio increased from Mar. 2023 (2.38) to Mar. 2024 (2.51). It may suggest that Williamson Financial Services is progressively becoming more dependent on debt to grow their business.

Williamson Financial Services LT-Debt-to-Total-Asset Historical Data

The historical data trend for Williamson Financial Services'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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Williamson Financial Services LT-Debt-to-Total-Asset Chart

Williamson Financial Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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1.63

1.72

2.38

2.51

Williamson Financial Services 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															2.38	-	2.44	-	2.51

Williamson Financial Services LT-Debt-to-Total-Asset Calculation

Williamson Financial Services'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 )
	=	4646.399	/	1848.608
	=	2.51

Williamson Financial Services'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 )
	=	4646.399	/	1848.608
	=	2.51

Williamson Financial Services (BOM:519214) 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.

Williamson Financial Services LT-Debt-to-Total-Asset Related Terms

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Williamson Financial Services (BOM:519214) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Williamson Financial Services Ltd (BOM:519214) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Four Mango Lane, 8th Floor, Surendra Mohan Ghosh Sarani, Kolkata, WB, IND, 700 001

Website

https://www.williamsonfinancial.in

Williamson Financial Services Ltd is a company engaged in the NBFC(Non-banking financial company) operations. It is mainly involved in providing financial services that include lease financing, financial advisory, and consultancy services, and capital market operations.

Williamson Financial Services (BOM:519214) Headlines

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