Atcom Technologies (NSE:ATCOM) LT-Debt-to-Total-Asset : 21.96 (As of Mar. 2024)

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What is Atcom Technologies 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. Atcom Technologies's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 21.96.

Atcom Technologies's long-term debt to total assets ratio increased from Mar. 2023 (21.25) to Mar. 2024 (21.96). It may suggest that Atcom Technologies is progressively becoming more dependent on debt to grow their business.

Atcom Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Atcom Technologies'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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Atcom Technologies LT-Debt-to-Total-Asset Chart

Atcom Technologies Annual Data

Trend

Mar12

Mar13

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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17.40

20.02

19.96

21.25

21.96

Atcom Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															21.25	-	-	-	21.96

Atcom Technologies LT-Debt-to-Total-Asset Calculation

Atcom Technologies'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 )
	=	993.873	/	45.262
	=	21.96

Atcom Technologies'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 )
	=	993.873	/	45.262
	=	21.96

Atcom Technologies (NSE:ATCOM) 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.

Atcom Technologies LT-Debt-to-Total-Asset Related Terms

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Atcom Technologies (NSE:ATCOM) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Atcom Technologies Ltd (NSE:ATCOM) » Definitions » LT-Debt-to-Total-Asset

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Address

Plot No. 145, Indulal D Bhuva Marg, Flat No. 5, Sannidhan, Wadala, Mumbai, MH, IND, 400031

Website

https://www.atcomtech.co.in

Atcom Technologies Ltd is an Indian company engaged in the manufacturing and trading of all types of electronic weighing scales.

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