Moneyboxx Finance (BOM:538446) LT-Debt-to-Total-Asset : 0.60 (As of Sep. 2024)

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What is Moneyboxx 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. Moneyboxx Finance's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.60.

Moneyboxx Finance's long-term debt to total assets ratio declined from Sep. 2023 (0.71) to Sep. 2024 (0.60). It may suggest that Moneyboxx Finance is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Moneyboxx 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.

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

Moneyboxx Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.38

0.64

0.66

0.33

0.32

Moneyboxx Finance 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															0.71	-	0.32	-	0.60

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

Moneyboxx 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 )
	=	2120.123	/	6691.648
	=	0.32

Moneyboxx Finance'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 )
	=	4545.265	/	7524.164
	=	0.60

Moneyboxx Finance (BOM:538446) 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.

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

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Moneyboxx Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Moneyboxx Finance Ltd (BOM:538446) » Definitions » LT-Debt-to-Total-Asset

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Address

411A, Kanakia Wall Street, Andheri Kurla Road, Wing A, Hanuman Nagar, Andheri East, Chakala, Mumbai, MH, IND, 400093

Website

http://www.moneyboxxfinance.com

Moneyboxx Finance Ltd is a Non-Deposit taking, Non-Systemically Important Non-Banking Financial Company. The company is engaged in lending and allied activities. The company focuses on small and medium-sized enterprises (SME) lending, commercial lending, and value-added services. The company generates the majority of its revenue from Interest Income, followed by fee Income. The company has all of its operations within India.

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