PNB Gilts (BOM:532366) LT-Debt-to-Total-Asset : 0.91 (As of Mar. 2024)

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What is PNB Gilts 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. PNB Gilts's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.91.

PNB Gilts's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.91). It may suggest that PNB Gilts is progressively becoming more dependent on debt to grow their business.

PNB Gilts LT-Debt-to-Total-Asset Historical Data

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

PNB Gilts Annual Data

Trend

Mar15

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Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.91

PNB Gilts 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															-	-	0.90	-	0.91

PNB Gilts LT-Debt-to-Total-Asset Calculation

PNB Gilts'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 )
	=	224030.871	/	245397.433
	=	0.91

PNB Gilts'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 )
	=	224030.871	/	245397.433
	=	0.91

PNB Gilts (BOM:532366) 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.

PNB Gilts LT-Debt-to-Total-Asset Related Terms

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PNB Gilts (BOM:532366) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PNB Gilts Ltd (BOM:532366) » Definitions » LT-Debt-to-Total-Asset

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PNBGILTS:India

Address

5, Sansad Marg, New Delhi, IND, 110001

Website

https://www.pnbgilts.com

PNB Gilts Ltd is engaged in the business of dealing with government securities. The company offers Treasury-Bills/Commercial paper/ Certificates of deposit, Corporate bonds, and debentures, Government securities, Derivatives, Fixed deposits, and Mutual funds. Its primary activities include supporting government borrowing programs through the underwriting of government securities issuances and trading in a gamut of fixed-income instruments, such as government securities, treasury bills, state development loans, corporate bonds, interest rate swaps, and various money market instruments, such as certificates of deposits and commercial papers. In addition, it offers Gilts accounts.

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