Siddharth Education Services (BOM:540736) LT-Debt-to-Total-Asset : 0.22 (As of Mar. 2020)

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What is Siddharth Education Services 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. Siddharth Education Services's long-term debt to total assests ratio for the quarter that ended in Mar. 2020 was 0.22.

Siddharth Education Services's long-term debt to total assets ratio declined from Mar. 2018 (0.28) to Mar. 2020 (0.22). It may suggest that Siddharth Education Services is progressively becoming less dependent on debt to grow their business.

Siddharth Education Services LT-Debt-to-Total-Asset Historical Data

The historical data trend for Siddharth Education Services'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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Siddharth Education Services LT-Debt-to-Total-Asset Chart

Siddharth Education Services Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

LT-Debt-to-Total-Asset

0.51

0.47

0.28

0.18

0.22

Siddharth Education Services Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Mar20
LT-Debt-to-Total-Asset	0.51	0.47	0.28	0.18	0.22

Siddharth Education Services LT-Debt-to-Total-Asset Calculation

Siddharth Education Services's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2020 is calculated as

LT Debt to Total Assets (A: Mar. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2020 )	/	Total Assets (A: Mar. 2020 )
	=	78.47	/	352.537
	=	0.22

Siddharth Education Services's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2020 is calculated as

LT Debt to Total Assets (Q: Mar. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2020 )	/	Total Assets (Q: Mar. 2020 )
	=	78.47	/	352.537
	=	0.22

Siddharth Education Services (BOM:540736) 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.

Siddharth Education Services LT-Debt-to-Total-Asset Related Terms

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Siddharth Education Services (BOM:540736) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Siddharth Education Services Ltd (BOM:540736) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

101, First Floor, Chirag Arcade, E. R. ROAD, Behind Nagrik Stores, Near Ashok Cinema, Thane, MH, IND, 400 601

Website

http://www.siddharthacademy.in

Siddharth Education Services Ltd is engaged in providing tutorial coaching services for students of professional courses. The company offers tutorial services to C.S., C.A., and C.M.A under the brand name of Siddharth Academy. It is also engaged in the farming business. The company generates its revenue from Education Fees, Farming Activities, and Online Education Service.

Siddharth Education Services (BOM:540736) Headlines

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