Gilada Finance & Investments (BOM:538788) LT-Debt-to-Total-Asset : 0.34 (As of Mar. 2024)

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What is Gilada Finance & Investments 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. Gilada Finance & Investments's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.34.

Gilada Finance & Investments's long-term debt to total assets ratio increased from Mar. 2023 (0.24) to Mar. 2024 (0.34). It may suggest that Gilada Finance & Investments is progressively becoming more dependent on debt to grow their business.

Gilada Finance & Investments LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gilada Finance & Investments'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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Gilada Finance & Investments LT-Debt-to-Total-Asset Chart

Gilada Finance & Investments Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.02

0.24

0.34

Gilada Finance & Investments 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															0.24	-	0.31	-	0.34

Gilada Finance & Investments LT-Debt-to-Total-Asset Calculation

Gilada Finance & Investments'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 )
	=	119.943	/	350.119
	=	0.34

Gilada Finance & Investments'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 )
	=	119.943	/	350.119
	=	0.34

Gilada Finance & Investments (BOM:538788) 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.

Gilada Finance & Investments LT-Debt-to-Total-Asset Related Terms

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Gilada Finance & Investments (BOM:538788) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Gilada Finance & Investments Ltd (BOM:538788) » Definitions » LT-Debt-to-Total-Asset

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Address

37, Bhoopsandra Main Road, No. 105, R.R. Takt, Sanjaynagar, Bengaluru, IND, 560094

Website

https://www.giladafinance.com

Gilada Finance & Investments Ltd is an India based company. The business operates in one segment which is Vehicle small business loans and mortgage loans. The service line of the company consists of hire purchase, leasing, mortgage loans, short-term finance, and loan syndication. The company receives maximum revenue from finance charges on hypothecated loans. Geographically, the company offers its services only in India.

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