Suumaya (BOM:543274) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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

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

Suumaya LT-Debt-to-Total-Asset Historical Data

The historical data trend for Suumaya'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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Suumaya LT-Debt-to-Total-Asset Chart

Suumaya Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.01

Suumaya Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				-	-	0.01	0.01	0.01

Suumaya LT-Debt-to-Total-Asset Calculation

Suumaya'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 )
	=	70.5	/	6062.7
	=	0.01

Suumaya'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 )
	=	70.5	/	6062.7
	=

Suumaya (BOM:543274) 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.

Suumaya LT-Debt-to-Total-Asset Related Terms

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Suumaya Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Suumaya Corp Ltd (BOM:543274) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Western Express Highway, Wing A,B and F, Unit No. 2001,2002, 20th Floor, Lotus Corporate Park, Goregaon East, Mumbai, MH, IND, 400063

Website

http://www.key2elements.com

Suumaya Corp Ltd is engaged in the trading business of Polymers and Textile products. The company has a single business segment which is trading business.

Suumaya Headlines

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