Devyani International (BOM:543330) LT-Debt-to-Total-Asset : 0.52 (As of Mar. 2024)

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What is Devyani International 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. Devyani International's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.52.

Devyani International's long-term debt to total assets ratio increased from Mar. 2023 (0.49) to Mar. 2024 (0.52). It may suggest that Devyani International is progressively becoming more dependent on debt to grow their business.

Devyani International LT-Debt-to-Total-Asset Historical Data

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

Devyani International Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.73

0.69

0.50

0.49

0.52

Devyani International Quarterly Data
	Mar19	Mar20	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												0.49	-	0.48	-	0.52

Devyani International LT-Debt-to-Total-Asset Calculation

Devyani International'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 )
	=	25803.83	/	49324.52
	=	0.52

Devyani International'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 )
	=	25803.83	/	49324.52
	=	0.52

Devyani International (BOM:543330) 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.

Devyani International LT-Debt-to-Total-Asset Related Terms

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Devyani International (BOM:543330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Devyani International Ltd (BOM:543330) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

DEVYANI:India

Address

Plot No. 18, Sector-35, Gurugram, HR, IND, 122 004

Website

https://www.dil-rjcorp.com

Devyani International Ltd is a franchisee of Yum Brands in India and is among the largest operators of quick-service restaurants chain and operates around 1243 stores across 155 cities in India. Geographically, it derives a majority of its revenue from India.

Devyani International (BOM:543330) Headlines

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