Electronics Mart India (BOM:543626) LT-Debt-to-Total-Asset : 0.30 (As of Mar. 2024)

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What is Electronics Mart India 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. Electronics Mart India's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.30.

Electronics Mart India's long-term debt to total assets ratio increased from Mar. 2023 (0.29) to Mar. 2024 (0.30). It may suggest that Electronics Mart India is progressively becoming more dependent on debt to grow their business.

Electronics Mart India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Electronics Mart India'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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Electronics Mart India LT-Debt-to-Total-Asset Chart

Electronics Mart India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.30

0.32

0.29

0.30

Electronics Mart India Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.29	-	0.32	-	0.30

Electronics Mart India LT-Debt-to-Total-Asset Calculation

Electronics Mart India'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 )
	=	9076.3	/	30590.88
	=	0.30

Electronics Mart India'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 )
	=	9076.3	/	30590.88
	=	0.30

Electronics Mart India (BOM:543626) 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.

Electronics Mart India LT-Debt-to-Total-Asset Related Terms

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Electronics Mart India (BOM:543626) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Electronics Mart India Ltd (BOM:543626) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

EMIL:India

Address

Panjgutta Main Road, M. No. 6-3-666/A1 To 7, 3rd & 4th floor, Opposite NIMS Hospital, Hyderabad, TG, IND, 500 082

Website

https://www.electronicsmartindia.com

Electronics Mart India Ltd is a consumer durables and electronics retailer in India. The company offers a diversified range of products which include mobile devices, laptops, home and kitchen appliances, home entertainment systems, cameras, and personal care items. It operates a network of multi-brand outlets (MBOs) under the brand name Bajaj Electronics and Electronics Mart and manages exclusive brand outlets (EBOs) for various brands.

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