GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » ARC Finance Ltd (BOM:540135) » Definitions » LT-Debt-to-Total-Asset

ARC Finance (BOM:540135) LT-Debt-to-Total-Asset : 0.23 (As of Mar. 2024)


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

What is ARC 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. ARC Finance's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.23.

ARC Finance's long-term debt to total assets ratio increased from Mar. 2023 (0.21) to Mar. 2024 (0.23). It may suggest that ARC Finance is progressively becoming more dependent on debt to grow their business.


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

The historical data trend for ARC 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.

* Premium members only.

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

ARC Finance Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only 0.02 - 0.32 0.21 0.23

ARC Finance 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 - 0.23 - 0.23

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

ARC 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 )
=160.806/715.046
=0.22

ARC Finance'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 )
=160.806/715.046
=0.22

* 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.


ARC Finance  (BOM:540135) 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.


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

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


ARC Finance (BOM:540135) Business Description

Traded in Other Exchanges
N/A
Address
18, Rabindra Sarani, Poddar Court, Gate No.4, 4th Floor, Room No.3, Kolkata, WB, IND, 700001
ARC Finance Ltd is a non-banking financial institution engaged in the business of lending. It is engaged in trading in shares, financial services investment activities, and providing secure and Unsecured loans where the outlook of the business seems to be encouraging over and above. It operates as a non-deposit-taking company. The company generates a majority of its revenue from Interest income.

ARC Finance (BOM:540135) Headlines

No Headlines