Arihant Academy (NSE:ARIHANTACA) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2023)

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What is Arihant Academy 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. Arihant Academy's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.00.

Arihant Academy's long-term debt to total assets ratio stayed the same from Mar. 2022 (0.00) to Sep. 2023 (0.00).

Arihant Academy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Arihant Academy'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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Arihant Academy LT-Debt-to-Total-Asset Chart

Arihant Academy Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.06

0.03

Arihant Academy Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	-	-

Arihant Academy LT-Debt-to-Total-Asset Calculation

Arihant Academy'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 )
	=	0	/	280.473
	=	0.00

Arihant Academy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	0	/	325.952
	=	0.00

Arihant Academy (NSE:ARIHANTACA) 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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Arihant Academy (NSE:ARIHANTACA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arihant Academy Ltd (NSE:ARIHANTACA) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Carter Road No. 3, Ground Floor, Triveni Sadan, Opposite Ambe Mata Temple, Borivali (East), Mumbai, MH, IND, 400 066

Website

https://www.arihantacademy.com

Arihant Academy Ltd is engaged in providing coaching services and parallel educational support in India. It is a coaching institute for SSC, ICSE, Science & Commerce, and also for entrance exams such as JEE (Main), JEE (Advanced) and MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra), CS and CA for the entry-level and second level exam. The company generates key revenue from coaching services. It provides a comprehensive range of coaching services to students across various fields: Secondary School Section (SSC, ICSE & CBSE BOARD) and Higher Secondary Section.

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