Ganesh Green Bharat (NSE:GGBL) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2024)

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What is Ganesh Green Bharat 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. Ganesh Green Bharat's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.10.

Ganesh Green Bharat's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.10). It may suggest that Ganesh Green Bharat is progressively becoming more dependent on debt to grow their business.

Ganesh Green Bharat LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ganesh Green Bharat'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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Ganesh Green Bharat LT-Debt-to-Total-Asset Chart

Ganesh Green Bharat Annual Data

Trend

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.06

0.11

0.19

Ganesh Green Bharat Semi-Annual Data
	Mar22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	0.06	0.11	-	0.19	0.10

Ganesh Green Bharat LT-Debt-to-Total-Asset Calculation

Ganesh Green Bharat'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 )
	=	285.262	/	1502.982
	=	0.19

Ganesh Green Bharat'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 )
	=	233.289	/	2427.914
	=	0.10

Ganesh Green Bharat (NSE:GGBL) 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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Ganesh Green Bharat Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ganesh Green Bharat Ltd (NSE:GGBL) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

S.G. Highway, G-201 & F-202, S.G. Business Hub, Near Gota Flyover, Gota, Ahmedabad, GJ, IND, 382470

Website

https://www.ganeshgreen.com

Ganesh Green Bharat Ltd are providing comprehensive portfolios in the field of supply, installation, testing and commissioning (SITC) of solar and electrical goods and services to various government bodies. It has projects under various schemes of Central and State Government like - Saubhagya Scheme, KUSUM Scheme, Saur Sujla Yojna. The company also forayed into the business of designing, construction, installation and operation and maintenance of Water Supply Scheme Projects like the Mukhya Mantri Nishchay Quality Affected Yojna, Har Ghar Jal (Jal Jeevan Mission) etc.