Morgan Ventures (BOM:526237) LT-Debt-to-Total-Asset : 0.59 (As of Sep. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Morgan Ventures 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. Morgan Ventures's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.59.

Morgan Ventures's long-term debt to total assets ratio declined from Sep. 2023 (0.72) to Sep. 2024 (0.59). It may suggest that Morgan Ventures is progressively becoming less dependent on debt to grow their business.

Morgan Ventures LT-Debt-to-Total-Asset Historical Data

The historical data trend for Morgan Ventures'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.

Morgan Ventures LT-Debt-to-Total-Asset Chart

Morgan Ventures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.40

0.12

Morgan Ventures 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															0.72	-	0.12	-	0.59

Morgan Ventures LT-Debt-to-Total-Asset Calculation

Morgan Ventures'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 )
	=	284.51	/	2291.11
	=	0.12

Morgan Ventures'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 )
	=	1454.017	/	2468.891
	=	0.59

Morgan Ventures (BOM:526237) 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.

Morgan Ventures LT-Debt-to-Total-Asset Related Terms

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

Morgan Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Morgan Ventures Ltd (BOM:526237) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number. 37, Ring Road Lajpat Nagar-IV, New Delhi, IND, 110024

Website

https://www.morganventures.in

Morgan Ventures Ltd is an India-based company. The company is a non-banking finance company. The company is engaged in the business of fund-based and non-fund-based activities.

Morgan Ventures Headlines

No Headlines