Brand Concepts (NSE:BCONCEPTS) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Brand Concepts 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. Brand Concepts's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

Brand Concepts's long-term debt to total assets ratio increased from Mar. 2023 (0.11) to Mar. 2024 (0.12). It may suggest that Brand Concepts is progressively becoming more dependent on debt to grow their business.

Brand Concepts LT-Debt-to-Total-Asset Historical Data

The historical data trend for Brand Concepts'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.

Brand Concepts LT-Debt-to-Total-Asset Chart

Brand Concepts Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.14

0.13

0.11

0.12

Brand Concepts Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	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															0.11	-	0.09	-	0.12

Brand Concepts LT-Debt-to-Total-Asset Calculation

Brand Concepts'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 )
	=	198.255	/	1610.515
	=	0.12

Brand Concepts'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 )
	=	198.255	/	1610.515
	=	0.12

Brand Concepts (NSE:BCONCEPTS) 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.

Brand Concepts LT-Debt-to-Total-Asset Related Terms

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

Brand Concepts (NSE:BCONCEPTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Brand Concepts Ltd (NSE:BCONCEPTS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

543442:India

Address

140/2/2, Ring Road Square, Musakhedi, Indore, MP, IND, 452001

Website

https://www.brandconcepts.in

Brand Concepts Ltd is an Indian company engaged in Trading of Travel Bags and accessories. It offers products such as luggage trolleys, backpacks, small leather goods like belts, clutches, and wallets for both men and women, women's handbags, and lifestyle accessories. The company sells its products through Myntra Jabong India Pvt. Ltd. and Shoppers Stop Ltd. The company has one reportable segment i.e. "Trading of Travel Bags and Accessories".

Brand Concepts (NSE:BCONCEPTS) Headlines

No Headlines