Manraj Housing Finance (BOM:530537) LT-Debt-to-Total-Asset : 1.00 (As of Sep. 2024)

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What is Manraj Housing Finance 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. Manraj Housing Finance's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 1.00.

Manraj Housing Finance's long-term debt to total assets ratio declined from Sep. 2023 (1.01) to Sep. 2024 (1.00). It may suggest that Manraj Housing Finance is progressively becoming less dependent on debt to grow their business.

Manraj Housing Finance LT-Debt-to-Total-Asset Historical Data

The historical data trend for Manraj Housing Finance'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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Manraj Housing Finance LT-Debt-to-Total-Asset Chart

Manraj Housing Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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1.00

0.99

1.01

1.02

Manraj Housing Finance 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															1.01	1.01	1.02	0.99	1.00

Manraj Housing Finance LT-Debt-to-Total-Asset Calculation

Manraj Housing Finance'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 )
	=	198.848	/	195.712
	=

Manraj Housing Finance'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 )
	=	194.726	/	195.336
	=

Manraj Housing Finance (BOM:530537) 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.

Manraj Housing Finance LT-Debt-to-Total-Asset Related Terms

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Manraj Housing Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Manraj Housing Finance Ltd (BOM:530537) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

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Address

General Vaidya Chowk, 3, Pushpa Apartments, Jalgaon, MH, IND, 425002

Website

https://www.manrajhousing.com

Manraj Housing Finance Ltd operates in the real estate industry. It is predominantly involved in construction activities and other operations related to it. Geographically, the activities are carried out throughout the region of India.

Manraj Housing Finance Headlines

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