Future Enterprises (NSE:FELDVR) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2022)

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What is Future Enterprises 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. Future Enterprises's long-term debt to total assests ratio for the quarter that ended in Mar. 2022 was 0.04.

Future Enterprises's long-term debt to total assets ratio declined from Mar. 2021 (0.34) to Mar. 2022 (0.04). It may suggest that Future Enterprises is progressively becoming less dependent on debt to grow their business.

Future Enterprises LT-Debt-to-Total-Asset Historical Data

The historical data trend for Future Enterprises'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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Future Enterprises LT-Debt-to-Total-Asset Chart

Future Enterprises Annual Data

Trend

Jun11

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

LT-Debt-to-Total-Asset

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0.47

0.32

0.34

0.04

Future Enterprises Quarterly Data
	Mar15	Mar16	Mar17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	-	0.18	-	0.04

Future Enterprises LT-Debt-to-Total-Asset Calculation

Future Enterprises'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 )
	=	3142.9	/	84377.4
	=	0.04

Future Enterprises's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

LT Debt to Total Assets (Q: Mar. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2022 )	/	Total Assets (Q: Mar. 2022 )
	=	3142.9	/	84377.4
	=	0.04

Future Enterprises (NSE:FELDVR) 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.

Future Enterprises LT-Debt-to-Total-Asset Related Terms

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Future Enterprises (NSE:FELDVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Future Enterprises Ltd (NSE:FELDVR) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Embassy 247, LBS Marg, 9th Floor, Tower C, Vikhroli (West), Mumbai, MH, IND, 400083

Website

https://www.felindia.in

Future Enterprises Ltd is a company that develops, owns, and leases the retail infrastructure. It also invests in insurance, textile manufacturing, supply chain, and logistics. The company's operating segment includes Manufacturing & Trading and Leasing & Other. It generates maximum revenue from the Manufacturing and Trading segment.

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