Aesthetik Engineers (NSE:AESTHETIK) LT-Debt-to-Total-Asset : 0.14 (As of Mar. 2024)

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What is Aesthetik Engineers 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. Aesthetik Engineers's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.14.

Aesthetik Engineers's long-term debt to total assets ratio increased from Mar. 2022 (0.14) to Mar. 2024 (0.14). It may suggest that Aesthetik Engineers is progressively becoming more dependent on debt to grow their business.

Aesthetik Engineers LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aesthetik Engineers'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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Aesthetik Engineers LT-Debt-to-Total-Asset Chart

Aesthetik Engineers Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.28

0.14

0.06

0.14

Aesthetik Engineers Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
LT-Debt-to-Total-Asset	0.28	0.14	0.06	0.14

Aesthetik Engineers LT-Debt-to-Total-Asset Calculation

Aesthetik Engineers'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 )
	=	44.285	/	308.894
	=	0.14

Aesthetik Engineers'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 )
	=	44.285	/	308.894
	=	0.14

Aesthetik Engineers (NSE:AESTHETIK) 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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Aesthetik Engineers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aesthetik Engineers Ltd (NSE:AESTHETIK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rajdanga Main Road, 1858/1, 5th Floor, Unit 503-505, Acropolis Mall, Kasba, Kolkata, WB, IND, 700107

Website

https://www.aesthetik.in

Aesthetik Engineers Ltd is engaged in the design, engineering, fabrication, and installation of facade systems. Its portfolio includes Building facades, Aluminium Doors, and Windows, Railing and Staircase, and Glassfibre Reinforced Concrete (GFRC). The company offers various products and services to meet the demands of its customers who belong to various industries such as Hospitality, Residential, Commercial, and Infrastructure Projects. It executes end-to-end solutions of its offerings i.e., from designing of facade to the installation of the facade at the site.

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