Marble City India (BOM:531281) LT-Debt-to-Total-Asset : 0.41 (As of Mar. 2024)

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What is Marble City India 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. Marble City India's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.41.

Marble City India's long-term debt to total assets ratio increased from Mar. 2023 (0.35) to Mar. 2024 (0.41). It may suggest that Marble City India is progressively becoming more dependent on debt to grow their business.

Marble City India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Marble City India'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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Marble City India LT-Debt-to-Total-Asset Chart

Marble City India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.19

0.21

0.27

0.35

0.41

Marble City India 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															0.35	-	0.32	-	0.41

Marble City India LT-Debt-to-Total-Asset Calculation

Marble City India'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 )
	=	527.557	/	1279.049
	=	0.41

Marble City India'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 )
	=	527.557	/	1279.049
	=	0.41

Marble City India (BOM:531281) 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.

Marble City India LT-Debt-to-Total-Asset Related Terms

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Marble City India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Marble City India Ltd (BOM:531281) » Definitions » LT-Debt-to-Total-Asset

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Address

Kailash Colony, A -30, S-11, Second Floor, New Delhi, IND, 110048

Website

http://www.pgil.com

Marble City India Ltd is an India-based company mainly engaged in the business activity of manufacturing and trading of marbles and slabs. It is involved in cutting, finishing, and trading imported marbles. The group majorly markets its products in India. The company supplies its products for projects such as hotels, shopping malls, premium residential complexes, clubs, motels, factories, corporate headquarters, offices, and others.

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