Utkarsh Small Finance Bank (BOM:543942) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is Utkarsh Small Finance Bank 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. Utkarsh Small Finance Bank's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Utkarsh Small Finance Bank's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Mar. 2024 (0.08). It may suggest that Utkarsh Small Finance Bank is progressively becoming more dependent on debt to grow their business.

Utkarsh Small Finance Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Utkarsh Small Finance Bank'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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Utkarsh Small Finance Bank LT-Debt-to-Total-Asset Chart

Utkarsh Small Finance Bank Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.21

0.16

0.12

0.08

Utkarsh Small Finance Bank Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.12	0.10	-	0.08

Utkarsh Small Finance Bank LT-Debt-to-Total-Asset Calculation

Utkarsh Small Finance Bank'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 )
	=	19950.808	/	239026.77
	=	0.08

Utkarsh Small Finance Bank'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 )
	=	19950.808	/	239026.77
	=	0.08

Utkarsh Small Finance Bank (BOM:543942) 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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Utkarsh Small Finance Bank (BOM:543942) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Utkarsh Small Finance Bank Ltd (BOM:543942) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

UTKARSHBNK:India

Address

NH – 31 (Airport Road), Utkarsh Tower, Sehmalpur, Kazi Sarai, Harhua, Varanasi, UP, IND, 221105

Website

https://www.utkarsh.bank

Utkarsh Small Finance Bank Ltd is an SFB in India. It offers a range of financial products and services that address the specific requirements of our customer segments while assessing factors including income profile and the type of security available. its asset products include Microbanking loans, retail loans, wholesale lending, housing loans, commercial vehicle/construction equipment loans, and gold loans. On the liabilities side, the company offer savings accounts, current accounts, and a variety of term and recurring deposit accounts. It also provides non-credit offerings comprising ATM-cum-debit cards, and bill payment systems and distributes third-party point-of-sales terminals, mutual funds, and insurance products.

Utkarsh Small Finance Bank (BOM:543942) Headlines

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