Decillion Finance (BOM:539190) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2024)

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What is Decillion 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. Decillion Finance's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.06.

Decillion Finance's long-term debt to total assets ratio stayed the same from Sep. 2023 (0.06) to Sep. 2024 (0.06).

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

The historical data trend for Decillion 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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Decillion Finance LT-Debt-to-Total-Asset Chart

Decillion Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

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Mar21

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Mar24

LT-Debt-to-Total-Asset

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0.06

Decillion 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															0.06	-	0.06	-	0.06

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

Decillion 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 )
	=	8.275	/	137.093
	=	0.06

Decillion 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 )
	=	8.276	/	140.16
	=	0.06

Decillion Finance (BOM:539190) 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.

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

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Decillion Finance Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Decillion Finance Ltd (BOM:539190) » Definitions » LT-Debt-to-Total-Asset

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Address

3 Bentinck Street, Jajodia Tower, 4th Floor, Room No. D-8, Kolkata, WB, IND, 700001

Website

https://www.decillion.co.in

Decillion Finance Ltd is an Indian based non-banking financial company. It is engaged in the business of providing loans and advances, investment in shares of other companies. In addition, it is also involved in investing in shares and securities, and other financial instruments. The company receives maximum revenue from the interest income.

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