Yash Innoventures (BOM:523650) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Yash Innoventures 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. Yash Innoventures's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Yash Innoventures's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.04). It may suggest that Yash Innoventures is progressively becoming more dependent on debt to grow their business.

Yash Innoventures LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yash Innoventures'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.

* Premium members only.

Yash Innoventures LT-Debt-to-Total-Asset Chart

Yash Innoventures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

Yash Innoventures 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															-	-	-	-	0.04

Yash Innoventures LT-Debt-to-Total-Asset Calculation

Yash Innoventures'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 )
	=	11.305	/	271.35
	=	0.04

Yash Innoventures'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 )
	=	11.305	/	271.35
	=	0.04

Yash Innoventures (BOM:523650) 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.

Yash Innoventures LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Yash Innoventures's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Yash Innoventures (BOM:523650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yash Innoventures Ltd (BOM:523650) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

S.G.Highway, Behind Prahladnagar Garden, 1st Floor, Corporate House No. 3, Parshwanath Business Park, Ahmedabad, GJ, IND, 380014

Website

https://www.yashinnoventures.com

Yash Innoventures Ltd, formerly Redex Protech Ltd operates in the fire extinguisher equipment industry. The company is engaged in the manufacturing fire extinguisher equipment, smoke alarms, and smoke detectors. The company is operating in two segments i.e. Construction & Infrastructure and Fire Extinguisher. The maximum contribution of revenue consists of rental income which is generated from the leasing of the property.

Yash Innoventures (BOM:523650) Headlines

No Headlines