Veer Global Infraconstruction (BOM:543241) LT-Debt-to-Total-Asset : 0.17 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Veer Global Infraconstruction 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. Veer Global Infraconstruction's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.17.

Veer Global Infraconstruction's long-term debt to total assets ratio increased from Sep. 2023 (0.01) to Sep. 2024 (0.17). It may suggest that Veer Global Infraconstruction is progressively becoming more dependent on debt to grow their business.

Veer Global Infraconstruction LT-Debt-to-Total-Asset Historical Data

The historical data trend for Veer Global Infraconstruction'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.

Veer Global Infraconstruction LT-Debt-to-Total-Asset Chart

Veer Global Infraconstruction Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.13

Veer Global Infraconstruction Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.05	0.01	0.01	0.13	0.17

Veer Global Infraconstruction LT-Debt-to-Total-Asset Calculation

Veer Global Infraconstruction'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 )
	=	95.942	/	736.689
	=	0.13

Veer Global Infraconstruction's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	137.408	/	815.905
	=	0.17

Veer Global Infraconstruction (BOM:543241) 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.

Veer Global Infraconstruction LT-Debt-to-Total-Asset Related Terms

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

Veer Global Infraconstruction Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Veer Global Infraconstruction Ltd (BOM:543241) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

A-01 Shalibhadra Classic, 100 feet Link Road, Near Union Bank of India, Nalasopara East, Thane, MH, IND, 401 209

Website

https://www.veergloballtd.com

Veer Global Infraconstruction Ltd is engaged in the construction business, such as location identification, acquisition, project planning, designing, and development. Its business divisions include residential projects, business and retail properties, Integrated Townships, and Commercials Plaza.

Veer Global Infraconstruction Headlines

No Headlines