Aprameya Engineering (NSE:APRAMEYA) LT-Debt-to-Total-Asset : 0.16 (As of Mar. 2024)

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

What is Aprameya Engineering 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. Aprameya Engineering's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.16.

Aprameya Engineering's long-term debt to total assets ratio declined from Mar. 2022 (0.27) to Mar. 2024 (0.16). It may suggest that Aprameya Engineering is progressively becoming less dependent on debt to grow their business.

Aprameya Engineering LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aprameya Engineering'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.

Aprameya Engineering LT-Debt-to-Total-Asset Chart

Aprameya Engineering Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.05

0.27

0.19

0.16

Aprameya Engineering Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
LT-Debt-to-Total-Asset	-	0.05	0.27	0.19	0.16

Aprameya Engineering LT-Debt-to-Total-Asset Calculation

Aprameya Engineering'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 )
	=	123.518	/	756.042
	=	0.16

Aprameya Engineering'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 )
	=	123.518	/	756.042
	=	0.16

Aprameya Engineering (NSE:APRAMEYA) 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.

Aprameya Engineering LT-Debt-to-Total-Asset Related Terms

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

Aprameya Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Aprameya Engineering Ltd (NSE:APRAMEYA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

908, 9th Floor, Venus Atlantis Corporate Park, Anandnagar, Prahladnagar, Ahmedabad, GJ, IND, 380015

Website

https://www.aelhealth.com

Aprameya Engineering Ltd is engaged in the business of installation, set up & maintenance of Intensive Care Units ("ICU"), Neonatal Intensive Care Units ("NICU"), Pediatric Intensive Care Units ("PICU"), Operation Theatre, dialysis centres and prefabricated structure ward (hereinafter referred to as "Healthcare Infrastructure projects") in the hospitals and medical care centers on turnkey basis with the supply of high-value healthcare equipment and diagnostic equipment to private hospitals, Government hospitals, and medical practitioners. The company has two Business segments: Trading of Medical support Equipment (Trading Sales) and Supplies for Infra Projects for health care sectors (Turnkey project supplies). Key revenue is generated from Trunkey Project Supply.

Aprameya Engineering Headlines

No Headlines