Adani Green Energy (BOM:541450) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Adani Green Energy 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. Adani Green Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Adani Green Energy's long-term debt to total assets ratio declined from Sep. 2022 (0.73) to Dec. 2023 (0.00). It may suggest that Adani Green Energy is progressively becoming less dependent on debt to grow their business.

Adani Green Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Adani Green Energy'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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Adani Green Energy LT-Debt-to-Total-Asset Chart

Adani Green Energy Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.68

0.70

0.73

0.74

Adani Green Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.73	-	0.74	0.63	-

Adani Green Energy LT-Debt-to-Total-Asset Calculation

Adani Green Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	499080	/	673610
	=	0.74

Adani Green Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0	/	0
	=

Adani Green Energy (BOM:541450) 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.

Adani Green Energy LT-Debt-to-Total-Asset Related Terms

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Adani Green Energy (BOM:541450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Adani Green Energy Ltd (BOM:541450) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

ADANIGREEN:India

Address

Near Vaishnav Devi Circle, S. G. Highway, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421

Website

https://www.adanigreenenergy.com

Adani Green Energy Ltd is engaged in Power Generation and Construction Contracts. It builds, owns, and operates power plants powered by renewable sources of energy like solar and wind. The company derives its income from Power Supply.

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