LKP Securities (BOM:540192) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2024)

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What is LKP Securities 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. LKP Securities's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.07.

LKP Securities's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Mar. 2024 (0.07). It may suggest that LKP Securities is progressively becoming more dependent on debt to grow their business.

LKP Securities LT-Debt-to-Total-Asset Historical Data

The historical data trend for LKP Securities'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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LKP Securities LT-Debt-to-Total-Asset Chart

LKP Securities Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.02

0.06

0.07

LKP Securities Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.06	-	-	0.07

LKP Securities LT-Debt-to-Total-Asset Calculation

LKP Securities'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 )
	=	171.782	/	2540.115
	=	0.07

LKP Securities'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 )
	=	171.782	/	2540.115
	=	0.07

LKP Securities (BOM:540192) 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.

LKP Securities LT-Debt-to-Total-Asset Related Terms

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LKP Securities (BOM:540192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » LKP Securities Ltd (BOM:540192) » Definitions » LT-Debt-to-Total-Asset

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Address

Andheri Kurla Road, Nr. Hotel Courtyard Marriott, 2nd floor, Gala Impecca, Chakala, Andheri East, Mumbai, MH, IND, 400059

Website

https://www.lkpsec.com

LKP Securities Ltd is a financial solutions provider. It is engaged as a stock and securities broker and provides financial services. The company provides clients with a range of services, including Equity, Debt Instruments, Structured Products, Third Party Distribution, and Commodity and Currency. Geographically It operates only in India.

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