GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Market Creators Ltd (BOM:526891) » Definitions » LT-Debt-to-Total-Asset

Market Creators (BOM:526891) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Market Creators 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. Market Creators's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

Market Creators's long-term debt to total assets ratio declined from Mar. 2023 (0.14) to Mar. 2024 (0.13). It may suggest that Market Creators is progressively becoming less dependent on debt to grow their business.


Market Creators LT-Debt-to-Total-Asset Historical Data

The historical data trend for Market Creators'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.

Market Creators LT-Debt-to-Total-Asset Chart

Market Creators Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.11 0.09 0.14 0.13

Market Creators 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 - 0.13 - 0.13

Market Creators LT-Debt-to-Total-Asset Calculation

Market Creators'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 )
=50.077/377.888
=0.13

Market Creators'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 )
=50.077/377.888
=0.13

* 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.


Market Creators  (BOM:526891) 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.


Market Creators LT-Debt-to-Total-Asset Related Terms

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


Market Creators (BOM:526891) Business Description

Traded in Other Exchanges
N/A
Address
Off. Productivity Road, Opposite Masonic Hall, Creative Castle, 70, Sampatrao Colony, Vadodara, GJ, IND, 390007
Market Creators Ltd is engaged in providing advice-based broking, E-broking services, depository services, commodities trading, initial public offering, and mutual fund investment advisory services.

Market Creators (BOM:526891) Headlines

No Headlines