Lucent Industries (BOM:539682) LT-Debt-to-Total-Asset : 0.26 (As of Mar. 2024)

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What is Lucent Industries 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. Lucent Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.26.

Lucent Industries's long-term debt to total assets ratio increased from Mar. 2023 (0.21) to Mar. 2024 (0.26). It may suggest that Lucent Industries is progressively becoming more dependent on debt to grow their business.

Lucent Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lucent Industries'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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Lucent Industries LT-Debt-to-Total-Asset Chart

Lucent Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.25

0.19

0.21

0.26

Lucent Industries Quarterly Data
	Sep18	Mar19	Sep19	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															0.21	-	0.26	-	0.26

Lucent Industries LT-Debt-to-Total-Asset Calculation

Lucent Industries'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 )
	=	50	/	193.674
	=

Lucent Industries'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 )
	=	50	/	193.674
	=

Lucent Industries (BOM:539682) 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.

Lucent Industries LT-Debt-to-Total-Asset Related Terms

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Lucent Industries (BOM:539682) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Lucent Industries Ltd (BOM:539682) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

SGX:BOU NSE:KEERTI LSE:MLVN ASX:SIT NAUH BOM:532398 BOM:508918 BOM:540062 WBO:CAG BOM:517063

Traded in Other Exchanges

N/A

Address

Scheme No. 51, Sangam Nagar, Second Floor, 448-D, Indore, MP, IND, 452006

Website

http://www.lucentindustries.shop

Lucent Industries Ltd is not engaged in any activity and the management is looking for the right opportunity to make the Company operational.

Lucent Industries (BOM:539682) Headlines

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