Aeroflex Industries (BOM:543972) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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

Aeroflex Industries's long-term debt to total assets ratio declined from Mar. 2023 (0.09) to Mar. 2024 (0.00). It may suggest that Aeroflex Industries is progressively becoming less dependent on debt to grow their business.

Aeroflex Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aeroflex Industries'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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Aeroflex Industries LT-Debt-to-Total-Asset Chart

Aeroflex Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.24

0.22

0.11

0.09

Aeroflex Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.11	-	0.09	-	-

Aeroflex Industries LT-Debt-to-Total-Asset Calculation

Aeroflex Industries'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 )
	=	0.634	/	3749.695
	=	0.00

Aeroflex Industries'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 )
	=	0.634	/	3749.695
	=	0.00

Aeroflex Industries (BOM:543972) 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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Aeroflex Industries (BOM:543972) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aeroflex Industries Ltd (BOM:543972) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

AEROFLEX:India

Address

Plot No. 41, 42/13, 42/14 & 42/18, Village Chal, Behind IGPL, near Taloja MIDC, Panvel, Navi Mumbai, MH, IND, 410 208

Website

https://www.aeroflexindia.com

Aeroflex Industries Ltd is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to global as well as domestic markets. It supply products to a wide spectrum of industries for the controlled flow of all forms of substances including air, liquid, and solid, Solution products are required in fire sprinklers, gas supply, the flow of air (conditioned/controlled) in aircraft, fueling and hydraulics in aircraft. The company exports its products to more than 80 countries including Europe, the USA and others.

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