Avalon Technologies (BOM:543896) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Avalon Technologies 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. Avalon Technologies's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Avalon Technologies's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.09). It may suggest that Avalon Technologies is progressively becoming more dependent on debt to grow their business.

Avalon Technologies LT-Debt-to-Total-Asset Historical Data

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

Avalon Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.16

0.19

0.16

0.09

Avalon Technologies Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						-	-	0.08	-	0.09

Avalon Technologies LT-Debt-to-Total-Asset Calculation

Avalon Technologies'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 )
	=	879.04	/	9307.62
	=	0.09

Avalon Technologies'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 )
	=	879.04	/	9307.62
	=	0.09

Avalon Technologies (BOM:543896) 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.

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Avalon Technologies (BOM:543896) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Avalon Technologies Ltd (BOM:543896) » Definitions » LT-Debt-to-Total-Asset

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AVALON:India

Address

B-7, First Main Road, MEPZ, Tambaram, Chennai, TN, IND, 600 045

Website

https://www.avalontec.com

Avalon Technologies Ltd is a fully integrated electronic manufacturing services company. It focuses on high-value precision engineered products. It offers a full stack product and solution suite, right from printed circuit board design and assembly to the manufacture of complete electronic systems, to certain global original equipment manufacturers (OEMs), including OEMs located in countries like China, Netherlands, the United States, and Japan. Geographically the company generates the majority of its revenue from India.

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