Apollo Micro Systems (BOM:540879) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Apollo Micro Systems 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. Apollo Micro Systems's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Apollo Micro Systems's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.01). It may suggest that Apollo Micro Systems is progressively becoming more dependent on debt to grow their business.

Apollo Micro Systems LT-Debt-to-Total-Asset Historical Data

The historical data trend for Apollo Micro Systems'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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Apollo Micro Systems LT-Debt-to-Total-Asset Chart

Apollo Micro Systems Annual Data

Trend

Mar15

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Mar24

LT-Debt-to-Total-Asset

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0.01

Apollo Micro Systems 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															-	-	0.01	-	0.01

Apollo Micro Systems LT-Debt-to-Total-Asset Calculation

Apollo Micro Systems'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 )
	=	106.112	/	9562.407
	=	0.01

Apollo Micro Systems'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 )
	=	106.112	/	9562.407
	=	0.01

Apollo Micro Systems (BOM:540879) 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.

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Apollo Micro Systems (BOM:540879) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Apollo Micro Systems Ltd (BOM:540879) » Definitions » LT-Debt-to-Total-Asset

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APOLLO:India

Address

Plot No 128/A, Road No. 12, BEL Road, IDA Mallapur, Uppal Mandal, Rangareddy, Hyderabad, TG, IND, 500076

Website

https://apollo-micro.com

Apollo Micro Systems Ltd offers design, development, and assembly of custom-built electronics and electro-mechanical solutions. The company sells high-performance, mission and time-critical solutions to Space and Home Land Security, Aviation, Aerospace, Avionics, Defence and naval. It offers a wide range of services such as electronic manufacturing, hardware design services, IT and software services, electronic and mechanical- CAD services.

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