Vivanza Biosciences (BOM:530057) LT-Debt-to-Total-Asset : 0.14 (As of Mar. 2024)

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

What is Vivanza Biosciences 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. Vivanza Biosciences's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.14.

Vivanza Biosciences's long-term debt to total assets ratio increased from Mar. 2023 (0.06) to Mar. 2024 (0.14). It may suggest that Vivanza Biosciences is progressively becoming more dependent on debt to grow their business.

Vivanza Biosciences LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vivanza Biosciences'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.

Vivanza Biosciences LT-Debt-to-Total-Asset Chart

Vivanza Biosciences Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.17

0.06

0.14

Vivanza Biosciences 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															0.06	-	0.06	-	0.14

Vivanza Biosciences LT-Debt-to-Total-Asset Calculation

Vivanza Biosciences'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 )
	=	26.82	/	195.014
	=	0.14

Vivanza Biosciences'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 )
	=	26.82	/	195.014
	=	0.14

Vivanza Biosciences (BOM:530057) 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.

Vivanza Biosciences LT-Debt-to-Total-Asset Related Terms

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

Vivanza Biosciences (BOM:530057) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Vivanza Biosciences Ltd (BOM:530057) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

S.G. Highway, 403, Sarthik II, Opposite Rajpath Club, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.vivanzabiosciences.com

Vivanza Biosciences Ltd is engaged in the business of trading of pharmaceutical products. The products of the company include gloves and surgical.

Vivanza Biosciences (BOM:530057) Headlines

No Headlines