Indus Finance (BOM:531841) LT-Debt-to-Total-Asset : 0.36 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Indus 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. Indus Finance's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.36.

Indus Finance's long-term debt to total assets ratio increased from Mar. 2023 (0.19) to Mar. 2024 (0.36). It may suggest that Indus Finance is progressively becoming more dependent on debt to grow their business.

Indus Finance LT-Debt-to-Total-Asset Historical Data

The historical data trend for Indus 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.

* Premium members only.

Indus Finance LT-Debt-to-Total-Asset Chart

Indus Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.39

0.31

0.26

0.19

0.36

Indus Finance 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															0.19	-	0.33	-	0.36

Indus Finance LT-Debt-to-Total-Asset Calculation

Indus 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 )
	=	140.096	/	389.299
	=	0.36

Indus Finance'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 )
	=	140.096	/	389.299
	=	0.36

Indus Finance (BOM:531841) 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.

Indus Finance LT-Debt-to-Total-Asset Related Terms

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

Indus Finance (BOM:531841) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indus Finance Ltd (BOM:531841) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

114, Mahatma Gandhi Road, Kothari Buildings, 4th Floor, Nungambakkam, Chennai, TN, IND, 600 034

Website

https://www.indusfinance.in

Indus Finance Ltd is an Indian non-banking finance company (NBFC). The firm is engaged in secured lending, project financing, and strategic investments in companies. It is focused on sectors such as Wind and Solar, Infrastructure and property development, Agriculture and food processing, Loan against shares, Mortgage Loans on Properties, and Individual loans.

Indus Finance (BOM:531841) Headlines

No Headlines