Australian Premium Solar (India) (NSE:APS) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2023)

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

What is Australian Premium Solar (India) 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. Australian Premium Solar (India)'s long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.03.

Australian Premium Solar (India)'s long-term debt to total assets ratio declined from Mar. 2021 (0.07) to Mar. 2023 (0.03). It may suggest that Australian Premium Solar (India) is progressively becoming less dependent on debt to grow their business.

Australian Premium Solar (India) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Australian Premium Solar (India)'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.

Australian Premium Solar (India) LT-Debt-to-Total-Asset Chart

Australian Premium Solar (India) Annual Data

Trend

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.07

0.05

0.03

Australian Premium Solar (India) Semi-Annual Data
	Mar21	Mar22	Mar23
LT-Debt-to-Total-Asset	0.07	0.05	0.03

Australian Premium Solar (India) LT-Debt-to-Total-Asset Calculation

Australian Premium Solar (India)'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 )
	=	11.011	/	391.89
	=	0.03

Australian Premium Solar (India)'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 )
	=	11.011	/	391.89
	=	0.03

Australian Premium Solar (India) (NSE:APS) 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.

Australian Premium Solar (India) LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Australian Premium Solar (India)'s LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Australian Premium Solar (India) (NSE:APS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Australian Premium Solar (India) Ltd (NSE:APS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Australian Premium Solar (India) Ltd is engaged in the manufacturing of Solar Panels and EPC Services of solar systems. It manufactures two types of solar panels: (i) Monocrystalline Solar Panel; and (ii) Polycrystalline Solar Panel. It also provide installation services for solar panels and solar pumps. Majority of the revenue is generated from manufacturing of solar panels.

Australian Premium Solar (India) (NSE:APS) Headlines

No Headlines