Akiko Global Services (NSE:AKIKO) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Akiko Global Services 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. Akiko Global Services's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.09.

Akiko Global Services's long-term debt to total assets ratio increased from Mar. 2021 (0.00) to Mar. 2023 (0.09). It may suggest that Akiko Global Services is progressively becoming more dependent on debt to grow their business.

Akiko Global Services LT-Debt-to-Total-Asset Historical Data

The historical data trend for Akiko Global Services'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.

* Premium members only.

Akiko Global Services LT-Debt-to-Total-Asset Chart

Akiko Global Services Annual Data

Trend

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.06

0.09

Akiko Global Services Semi-Annual Data
	Mar21	Mar22	Mar23
LT-Debt-to-Total-Asset	-	0.06	0.09

Akiko Global Services LT-Debt-to-Total-Asset Calculation

Akiko Global Services'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 )
	=	9.589	/	113.087
	=	0.08

Akiko Global Services's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	9.589	/	113.087
	=	0.08

Akiko Global Services (NSE:AKIKO) 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.

Akiko Global Services LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Akiko Global Services's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Akiko Global Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Akiko Global Services Ltd (NSE:AKIKO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

11th Floor, Office No. 8/4-D, Vishwadeep Building, District Centre Janak Puri, West Delhi, New Delhi, Delhi, IND, 110058

Website

https://www.themoneyfair.com

Akiko Global Services Ltd is working as a channel partner for crucial banks and Non-Banking Financial Companies (NBFCs) in India. It distributes and sells financial products such as credit cards, loans, and other financial auxiliary services. In day-to-day operations, it uses a Customer Relationship Management (CRM) system.

Akiko Global Services Headlines

No Headlines