Geekay Wires (NSE:GEEKAYWIRE) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Geekay Wires 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. Geekay Wires's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Geekay Wires's long-term debt to total assets ratio declined from Dec. 2023 (0.10) to Dec. 2024 (0.08). It may suggest that Geekay Wires is progressively becoming less dependent on debt to grow their business.

Geekay Wires LT-Debt-to-Total-Asset Historical Data

The historical data trend for Geekay Wires'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.

Geekay Wires LT-Debt-to-Total-Asset Chart

Geekay Wires Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.13

0.28

0.13

0.20

0.07

Geekay Wires Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.07	0.06	0.05	0.08

Geekay Wires LT-Debt-to-Total-Asset Calculation

Geekay Wires'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 )
	=	160.609	/	2322.837
	=	0.07

Geekay Wires's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	210.836	/	2678.403
	=	0.08

Geekay Wires (NSE:GEEKAYWIRE) 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.

Geekay Wires LT-Debt-to-Total-Asset Related Terms

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

Geekay Wires Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Geekay Wires Ltd (NSE:GEEKAYWIRE) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Shivalayam Road, Balanagar, 11-70/5, 2nd Floor, G.P Complex, Fathenagar, Hyderabad, TG, IND, 500018

Website

https://www.geekaywires.com

Geekay Wires Ltd is a manufacturer, exporter, and supplier of superlative wires and cables like Earth wire, ACSR steel core, Cable armoured wire, and others. The company is also engaged in the manufacturing of Coil nails, wire-collated nails, and others. Some of its products include Binding wire, Welded wire mesh, Steel tape, Spring wire, and Umbrella rib wire, among others. The group has a business presence in India and other foreign countries, of which key revenue is derived from India.

Geekay Wires Headlines

No Headlines