Bikewo Green Tech (NSE:BIKEWO) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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

What is Bikewo Green Tech 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. Bikewo Green Tech's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Bikewo Green Tech's long-term debt to total assets ratio declined from Mar. 2022 (0.16) to Mar. 2024 (0.04). It may suggest that Bikewo Green Tech is progressively becoming less dependent on debt to grow their business.

Bikewo Green Tech LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bikewo Green Tech'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.

Bikewo Green Tech LT-Debt-to-Total-Asset Chart

Bikewo Green Tech Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.34

0.16

0.09

0.04

Bikewo Green Tech Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
LT-Debt-to-Total-Asset	0.34	0.16	0.09	0.04

Bikewo Green Tech LT-Debt-to-Total-Asset Calculation

Bikewo Green Tech'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 )
	=	12.121	/	315.135
	=	0.04

Bikewo Green Tech'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 )
	=	12.121	/	315.135
	=	0.04

Bikewo Green Tech (NSE:BIKEWO) 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.

Bikewo Green Tech LT-Debt-to-Total-Asset Related Terms

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

Bikewo Green Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bikewo Green Tech Ltd (NSE:BIKEWO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road No. 31, Jubilee Hills, Plot No. 502B, Amara Jyothi, Hyderabad, TG, IND, 500 033

Website

https://www.bikewo.in

Bikewo Green Tech Ltd is an electric two-wheeler retailer in India. The company's business activities are operated through dealership models. It offers three types of dealerships to dealers such as State Dealership; Diamond Dealership and Platinum Dealership.

Bikewo Green Tech Headlines

No Headlines