Sunshine Capital (BOM:539574) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Sunshine Capital 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. Sunshine Capital's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

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

Sunshine Capital LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sunshine Capital'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.

* Premium members only.

Sunshine Capital LT-Debt-to-Total-Asset Chart

Sunshine Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.87

Sunshine Capital 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															-	-	0.87	-	-

Sunshine Capital LT-Debt-to-Total-Asset Calculation

Sunshine Capital'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 )
	=	6700	/	7738.756
	=	0.87

Sunshine Capital'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 )
	=	9.009	/	7822.685
	=	0.00

Sunshine Capital (BOM:539574) 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.

Sunshine Capital LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Sunshine Capital's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Sunshine Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sunshine Capital Ltd (BOM:539574) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jain Bhawan, Faiz Road, 16/121-122, W.E.A Karol Bagh, New Delhi, IND, 110055

Website

https://www.sunshinecapital.in

Sunshine Capital Ltd is engaged in the trading of shares, financial services, and investment activities. The company operates in one segment namely, Finance Activity. It also focuses on third-party product distributions to originating unsecured personal loans and corporate loans. The service line of the company consists of investment in shares and securities, loans and advances, and dealing in the commodity. The interest on loans generates maximum revenue.

Sunshine Capital Headlines

No Headlines