Manba Finance (BOM:544262) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is Manba Finance 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. Manba Finance's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

Manba Finance's long-term debt to total assets ratio declined from Sep. 2023 (0.30) to Dec. 2024 (0.00). It may suggest that Manba Finance is progressively becoming less dependent on debt to grow their business.

Manba Finance LT-Debt-to-Total-Asset Historical Data

The historical data trend for Manba Finance'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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Manba Finance LT-Debt-to-Total-Asset Chart

Manba Finance Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.28

0.22

0.29

0.37

Manba Finance Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.30	-	0.37	0.71	-

Manba Finance LT-Debt-to-Total-Asset Calculation

Manba Finance'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 )
	=	3586.334	/	9737.539
	=	0.37

Manba Finance's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

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

Manba Finance (BOM:544262) 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.

Manba Finance LT-Debt-to-Total-Asset Related Terms

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Manba Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Manba Finance Ltd (BOM:544262) » Definitions » LT-Debt-to-Total-Asset

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MANBA:India

Address

Road No. 16, Wagle Estate, IT/ ITES Building, Plot No. A-79, Thane, MH, IND, 400 604

Website

https://www.manbafinance.com

Manba Finance Ltd is a non-banking finance company offering financial solutions for new two-wheelers, three-wheelers, electric two-wheelers, electric three-wheelers, used cars, small business loans and personal loans. The company's target customers are mainly employees and the self-employed. The company has branches in urban, semi-urban and metropolitan cities and towns serving the surrounding rural areas. It has established relationships with more than 1,100 dealers, including more than 190 EV dealers in Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh and Uttar Pradesh.

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