Mega (BOM:531417) LT-Debt-to-Total-Asset : 0.63 (As of Dec. 2024)

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What is Mega 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. Mega's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.63.

Mega's long-term debt to total assets ratio increased from Dec. 2023 (0.52) to Dec. 2024 (0.63). It may suggest that Mega is progressively becoming more dependent on debt to grow their business.

Mega LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mega'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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Mega LT-Debt-to-Total-Asset Chart

Mega Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.40

Mega Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.52	-	0.57	0.63	0.63

Mega LT-Debt-to-Total-Asset Calculation

Mega'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 )
	=	0.778	/	569.474
	=	0.00

Mega's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	472.983	/	753.725
	=	0.63

Mega (BOM:531417) 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.

Mega LT-Debt-to-Total-Asset Related Terms

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Mega Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mega Corp Ltd (BOM:531417) » Definitions » LT-Debt-to-Total-Asset

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Address

Okhla Industrial Estate, Upper Ground Floor 62, Okhla Industrial Area Phase III, New Delhi, IND, 110020

Website

https://www.megacorpltd.com

Mega Corp Ltd is engaged in finance, loans, and investments business. The firm is a finance and investment company mainly engaged in advancing loans and making investments in securities, providing loans and leasing & financial services to other establishments.

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