Centrum Capital (NSE:CENTRUM) LT-Debt-to-Total-Asset : 0.22 (As of Sep. 2024)

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

What is Centrum Capital 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. Centrum Capital's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.22.

Centrum Capital's long-term debt to total assets ratio declined from Sep. 2023 (0.28) to Sep. 2024 (0.22). It may suggest that Centrum Capital is progressively becoming less dependent on debt to grow their business.

Centrum Capital LT-Debt-to-Total-Asset Historical Data

The historical data trend for Centrum Capital'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.

Centrum Capital LT-Debt-to-Total-Asset Chart

Centrum Capital Annual Data

Trend

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.25

0.35

0.09

0.13

0.14

Centrum Capital Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	-	0.14	-	0.22

Centrum Capital LT-Debt-to-Total-Asset Calculation

Centrum Capital'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 )
	=	24589.683	/	173844.11
	=	0.14

Centrum Capital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	45343.858	/	202670.086
	=	0.22

Centrum Capital (NSE:CENTRUM) 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.

Centrum Capital LT-Debt-to-Total-Asset Related Terms

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

Centrum Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Centrum Capital Ltd (NSE:CENTRUM) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

501150:India

Address

CST Road, Vidyanagari Marg, Level 9, Centrum House, Kalina, Santacruz (East), Mumbai, MH, IND, 400098

Website

https://www.centrum.co.in

Centrum Capital Ltd along with its subsidiaries provides investment banking services such as managing public issues, private placements, loan syndication, corporate debt restructuring, mergers and acquisitions, corporate advisory services, infrastructure solutions, private equity investments, and dealing in the primary and secondary markets of securities. Their business operates in various segments which are Banking business, Institutional business, Wealth management and distribution, and Housing finance.

Centrum Capital Headlines

No Headlines