Ingrad PJSC (MIC:INGR) LT-Debt-to-Total-Asset : 0.23 (As of Jun. 2023)

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What is Ingrad PJSC 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. Ingrad PJSC's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.23.

Ingrad PJSC's long-term debt to total assets ratio declined from Jun. 2021 (0.43) to Jun. 2023 (0.23). It may suggest that Ingrad PJSC is progressively becoming less dependent on debt to grow their business.

Ingrad PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ingrad PJSC'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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Ingrad PJSC LT-Debt-to-Total-Asset Chart

Ingrad PJSC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

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0.05

0.50

0.35

0.45

0.51

Ingrad PJSC Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.51	0.43	-	0.23

Ingrad PJSC LT-Debt-to-Total-Asset Calculation

Ingrad PJSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	90534.25	/	178189.706
	=	0.51

Ingrad PJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	44851	/	197539
	=	0.23

Ingrad PJSC (MIC:INGR) 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.

Ingrad PJSC LT-Debt-to-Total-Asset Related Terms

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Ingrad PJSC (MIC:INGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ingrad PJSC (MIC:INGR) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Olympic Avenue, 14, Moscow, RUS, 129090

Website

https://www.ingrad.com

Ingrad PJSC is a real estate development company. Ingrad specializes in the construction of residential and commercial properties. The developer portfolio of the company is about 3 million square meters of the residential real estate.