TVS Holdings (BOM:520056) LT-Debt-to-Total-Asset : 0.52 (As of Sep. 2024)

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What is TVS Holdings 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. TVS Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.52.

TVS Holdings's long-term debt to total assets ratio increased from Sep. 2023 (0.30) to Sep. 2024 (0.52). It may suggest that TVS Holdings is progressively becoming more dependent on debt to grow their business.

TVS Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for TVS Holdings'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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TVS Holdings LT-Debt-to-Total-Asset Chart

TVS Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.28

0.29

0.27

0.64

0.60

TVS Holdings 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															0.30	-	0.60	-	0.52

TVS Holdings LT-Debt-to-Total-Asset Calculation

TVS Holdings'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 )
	=	269649.9	/	447267.5
	=	0.60

TVS Holdings'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 )
	=	245453.8	/	472562.8
	=	0.52

TVS Holdings (BOM:520056) 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.

TVS Holdings LT-Debt-to-Total-Asset Related Terms

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TVS Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » TVS Holdings Ltd (BOM:520056) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

TVSHLTD:India

Address

No. 12, Khader Nawaz Khan Road, Nungambakkam, Chennai, TN, IND, 600006

Website

https://www.tvsholdings.com

TVS Holdings Ltd is an auto component manufacturing company. It manufactures aluminum pressure die castings for heavy commercial vehicles, passenger cars, and two-wheelers. The product range includes flywheel housing, gear housing, clutch housing, filter heads, air connectors, lube oil cooler cover assembly, filtration module casting, turbochargers, and others. The company has the following reportable operating segments; Automotive components, Financial services, Automotive vehicles and parts, and others. Maximum revenue is generated from its Automotive vehicles and parts segment. Geographically, the company derives its key revenue from the domestic markets and the rest through exports.

TVS Holdings Headlines

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