Crayons Advertising (NSE:CRAYONS) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2022)

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What is Crayons Advertising 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. Crayons Advertising's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.01.

Crayons Advertising's long-term debt to total assets ratio declined from Mar. 2020 (0.10) to Dec. 2022 (0.01). It may suggest that Crayons Advertising is progressively becoming less dependent on debt to grow their business.

Crayons Advertising LT-Debt-to-Total-Asset Historical Data

The historical data trend for Crayons Advertising'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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Crayons Advertising LT-Debt-to-Total-Asset Chart

Crayons Advertising Annual Data

Trend

Mar20

Mar21

Mar22

LT-Debt-to-Total-Asset

0.10

0.09

0.03

Crayons Advertising Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22
LT-Debt-to-Total-Asset	0.10	0.09	0.03	0.01	0.01

Crayons Advertising LT-Debt-to-Total-Asset Calculation

Crayons Advertising's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

LT Debt to Total Assets (A: Mar. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2022 )	/	Total Assets (A: Mar. 2022 )
	=	35.242	/	1272.547
	=	0.03

Crayons Advertising's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )	/	Total Assets (Q: Dec. 2022 )
	=	17.994	/	1299.316
	=	0.01

Crayons Advertising (NSE:CRAYONS) 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.

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Crayons Advertising (NSE:CRAYONS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Crayons Advertising Ltd (NSE:CRAYONS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maa Anandmayee Marg, NSIC Complex, Phase- III, Okhla Industrial Estate, New Delhi, IND, 110020

Website

https://www.thecrayonsnetwork.com

Crayons Advertising Ltd is an Integrated marketing and communications agency. The company is expanding its business horizons with the moving trends across the world, reflecting its growing expertise in the marketing, branding and advertising industry. The company provides Television advertising, Print Advertising, Radio Advertising, Internet/Online Advertising, Mobile Advertising, and Outdoor Advertising.

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