Greenhitech Ventures (BOM:544163) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Greenhitech Ventures 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. Greenhitech Ventures's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Greenhitech Ventures's long-term debt to total assets ratio declined from Mar. 2023 (0.07) to Sep. 2024 (0.00). It may suggest that Greenhitech Ventures is progressively becoming less dependent on debt to grow their business.

Greenhitech Ventures LT-Debt-to-Total-Asset Historical Data

The historical data trend for Greenhitech Ventures'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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Greenhitech Ventures LT-Debt-to-Total-Asset Chart

Greenhitech Ventures Annual Data

Trend

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.01

0.03

0.07

Greenhitech Ventures Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
LT-Debt-to-Total-Asset	0.01	0.03	0.07	-	-

Greenhitech Ventures LT-Debt-to-Total-Asset Calculation

Greenhitech Ventures's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	17.556	/	270.806
	=	0.06

Greenhitech Ventures's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	0	/	301.458
	=	0.00

Greenhitech Ventures (BOM:544163) 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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Greenhitech Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Greenhitech Ventures Ltd (BOM:544163) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

B27/92 K1 Jawahar Nagar Colony, Bhelupura, Varanasi, UP, IND, 221010

Website

https://www.greenhitech.org

Greenhitech Ventures Ltd is engaged in trading of various petroleum-based products for the different categories of industries based on their requirement. This includes the supply of biofuels, bitumen, light-density oils, furnace oils, etc. The company is also engaged in Operation & Maintenance as a Job worker for Ethanol manufacturing in government-owned distilleries. It understands the market needs and upgrades its team constantly with growing technology and market trends. The company provides business solutions and services to consumers of Fuels and other alternative materials across India.

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