Aryaman Financial Services (BOM:530245) LT-Debt-to-Total-Asset : 0.24 (As of Sep. 2024)

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What is Aryaman Financial Services 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. Aryaman Financial Services's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.24.

Aryaman Financial Services's long-term debt to total assets ratio declined from Sep. 2023 (0.27) to Sep. 2024 (0.24). It may suggest that Aryaman Financial Services is progressively becoming less dependent on debt to grow their business.

Aryaman Financial Services LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aryaman Financial Services'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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Aryaman Financial Services LT-Debt-to-Total-Asset Chart

Aryaman Financial Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.43

0.34

0.31

0.29

Aryaman Financial Services 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															0.27	-	0.29	-	0.24

Aryaman Financial Services LT-Debt-to-Total-Asset Calculation

Aryaman Financial Services'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 )
	=	462.564	/	1602.507
	=	0.29

Aryaman Financial Services'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 )
	=	426.279	/	1802.94
	=	0.24

Aryaman Financial Services (BOM:530245) 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.

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Aryaman Financial Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Aryaman Financial Services Ltd (BOM:530245) » Definitions » LT-Debt-to-Total-Asset

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Address

Alkesh Dinesh Modi Marg, 60, Khatau Building, Ground Floor, Opp. P. J. Tower (BSE Building), Fort, Mumbai, MH, IND, 400001

Website

https://www.afsl.co.in

Aryaman Financial Services Ltd is engaged in the merchant banking business. The company is engaged in the business of lead management and syndication of small and medium-sized initial public offerings, rights issues, composite issues, venture capital funding, and others. The company generates its revenue from Fees & Commission income, Investment and Dividend income, and Sale of stock-in-trade.

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