BLS International Services (NSE:BLS) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is BLS International Services 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. BLS International Services's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

BLS International Services's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.02). It may suggest that BLS International Services is progressively becoming more dependent on debt to grow their business.

BLS International Services LT-Debt-to-Total-Asset Historical Data

The historical data trend for BLS International Services'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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BLS International Services LT-Debt-to-Total-Asset Chart

BLS International Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.01

0.02

BLS International Services 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															0.01	-	0.01	-	0.02

BLS International Services LT-Debt-to-Total-Asset Calculation

BLS International Services'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 )
	=	247.415	/	16163.998
	=	0.02

BLS International Services'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 )
	=	247.415	/	16163.998
	=	0.02

BLS International Services (NSE:BLS) 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.

BLS International Services LT-Debt-to-Total-Asset Related Terms

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BLS International Services (NSE:BLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BLS International Services Ltd (NSE:BLS) » Definitions » LT-Debt-to-Total-Asset

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540073:India

Address

Mathura Road, G-4B-1 Extension, Mohan Co-Operative INDL Estate, New Delhi, IND, 110044

Website

https://www.blsinternational.com

BLS International Services Ltd is a provider of miscellaneous business services in India. These services include outsourcing and administrative tasks, passport and consular services to diplomatic missions across the world. It generates the majority of its revenue from operations rendered to the Middle East. Other regions include India, South Africa, Europe, North America, and Asia-Pacific. The company's businesses include Visa/Passport and OCI Application services, attestation, BLS Visa Consultancy, and BLS Embassy Notification Services.

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