Aditya Birla Sun Life AMC (BOM:543374) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Aditya Birla Sun Life AMC 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. Aditya Birla Sun Life AMC's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Aditya Birla Sun Life AMC's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.02). It may suggest that Aditya Birla Sun Life AMC is progressively becoming more dependent on debt to grow their business.

Aditya Birla Sun Life AMC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aditya Birla Sun Life AMC'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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Aditya Birla Sun Life AMC LT-Debt-to-Total-Asset Chart

Aditya Birla Sun Life AMC Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.03

0.02

0.01

0.02

Aditya Birla Sun Life AMC Quarterly Data
	Mar19	Mar20	Jun20	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												0.01	-	0.03	-	0.02

Aditya Birla Sun Life AMC LT-Debt-to-Total-Asset Calculation

Aditya Birla Sun Life AMC'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 )
	=	790.9	/	35018.5
	=	0.02

Aditya Birla Sun Life AMC'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 )
	=	790.9	/	35018.5
	=	0.02

Aditya Birla Sun Life AMC (BOM:543374) 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.

Aditya Birla Sun Life AMC LT-Debt-to-Total-Asset Related Terms

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Aditya Birla Sun Life AMC (BOM:543374) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Aditya Birla Sun Life AMC Ltd (BOM:543374) » Definitions » LT-Debt-to-Total-Asset

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ABSLAMC:India

Address

Senapati Bapat Marg, Elphinstone Road, One World Center, Tower 1, 17th Floor, Jupiter Mills, Mumbai, MH, IND, 400 013

Website

https://mutualfund.adityabirlacapital.com

Aditya Birla Sun Life AMC Ltd is primarily the investment manager of Aditya Birla Sun Life Mutual Fund. It also operates multiple alternate strategies including portfolio management services, real estate investments and alternative investment funds.

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