Mafia Trends (BOM:543613) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Mafia Trends 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. Mafia Trends's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Mafia Trends's long-term debt to total assets ratio declined from Mar. 2022 (0.02) to Mar. 2024 (0.00). It may suggest that Mafia Trends is progressively becoming less dependent on debt to grow their business.

Mafia Trends LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mafia Trends'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.

Mafia Trends LT-Debt-to-Total-Asset Chart

Mafia Trends Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.06

0.04

0.02

0.01

Mafia Trends Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
LT-Debt-to-Total-Asset	0.06	0.04	0.02	0.01	-

Mafia Trends LT-Debt-to-Total-Asset Calculation

Mafia Trends'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 )
	=	0	/	149.146
	=	0.00

Mafia Trends'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 )
	=	0	/	149.146
	=	0.00

Mafia Trends (BOM:543613) 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.

Mafia Trends LT-Debt-to-Total-Asset Related Terms

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

Mafia Trends (BOM:543613) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mafia Trends Ltd (BOM:543613) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sandesh Press Road, 1, Prabhu Kutir Complex, Vastrapur, Ahmedabad, GJ, IND, 380 015

Website

http://www.mafiastores.com

Mafia Trends Ltd is engaged in the business of marketing and selling Men's fashion which includes apparel such as Jeans, Tshirts, Shirts, Chinos, Formal trousers and Formal shirts. The Company is engaged solely into the business of trading of apparels and readymade garments which is their only reportable segment.

Mafia Trends (BOM:543613) Headlines

No Headlines