UNO Minda (BOM:532539) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2024)

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What is UNO Minda 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. UNO Minda's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.11.

UNO Minda's long-term debt to total assets ratio increased from Sep. 2023 (0.09) to Sep. 2024 (0.11). It may suggest that UNO Minda is progressively becoming more dependent on debt to grow their business.

UNO Minda LT-Debt-to-Total-Asset Historical Data

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

UNO Minda Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.16

0.11

0.07

0.13

0.14

UNO Minda 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															0.09	-	0.14	-	0.11

UNO Minda LT-Debt-to-Total-Asset Calculation

UNO Minda'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 )
	=	13720.1	/	99029.9
	=	0.14

UNO Minda'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 )
	=	11601.1	/	109370.1
	=	0.11

UNO Minda (BOM:532539) 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.

UNO Minda LT-Debt-to-Total-Asset Related Terms

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UNO Minda Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » UNO Minda Ltd (BOM:532539) » Definitions » LT-Debt-to-Total-Asset

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UNOMINDA:India

Address

P.O. SikanderPur Badda, Village Nawada Fatehpur, Manesar, District, Gurugram, HR, IND, 122004

Website

https://www.unominda.com

UNO Minda Ltd is a conglomerate engaged in the manufacturing of auto components including lighting, alloy wheels, horns, seating systems, seatbelts, switches, sensors, controllers, handlebar assemblies, wheel covers and others. The Group caters to both 2-wheeler and 4-wheeler markets and domestic & international markets. The group deals in only one business segment of manufacturing and sale of auto ancillary equipment.

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