Antony Waste Handling Cell (BOM:543254) LT-Debt-to-Total-Asset : 0.23 (As of Mar. 2024)

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What is Antony Waste Handling Cell 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. Antony Waste Handling Cell's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.23.

Antony Waste Handling Cell's long-term debt to total assets ratio increased from Mar. 2023 (0.21) to Mar. 2024 (0.23). It may suggest that Antony Waste Handling Cell is progressively becoming more dependent on debt to grow their business.

Antony Waste Handling Cell LT-Debt-to-Total-Asset Historical Data

The historical data trend for Antony Waste Handling Cell'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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Antony Waste Handling Cell LT-Debt-to-Total-Asset Chart

Antony Waste Handling Cell Annual Data

Trend

Mar16

Mar17

Mar18

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.22

0.11

0.21

0.23

Antony Waste Handling Cell Quarterly Data
	Mar17	Mar18	Jun18	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															0.21	-	0.22	-	0.23

Antony Waste Handling Cell LT-Debt-to-Total-Asset Calculation

Antony Waste Handling Cell'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 )
	=	3354.746	/	14619.957
	=	0.23

Antony Waste Handling Cell'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 )
	=	3354.746	/	14619.957
	=	0.23

Antony Waste Handling Cell (BOM:543254) 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.

Antony Waste Handling Cell LT-Debt-to-Total-Asset Related Terms

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Antony Waste Handling Cell (BOM:543254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Antony Waste Handling Cell Ltd (BOM:543254) » Definitions » LT-Debt-to-Total-Asset

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AWHCL:India

Address

Eastern Express Highway, 1402-1404, 14th Floor, Dev Corpora Building, Opposite Cadbury Company, Thane (West), Thane, MH, IND, 400 601

Website

https://www.antony-waste.com

Antony Waste Handling Cell Ltd is a provider of a full spectrum of municipal solid waste services which includes solid waste collection, transportation, processing, and disposal services across the country, catering to Indian municipalities. The company undertakes municipal solid waste collection and transportation projects, municipal solid waste processing projects, and mechanized sweeping projects. It undertakes projects for the Municipal Corporation of Greater Mumbai, the Navi Mumbai Municipal Corporation, the Thane Municipal Corporation, the North Delhi Municipal Corporation, the Ulhasnagar Municipal Corporation, the Mangalore Municipal Corporation, and the Greater Noida Industrial Development Authority.

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