Johnson Controls - Hitachi Air Conditioning India (NSE:JCHAC) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Johnson Controls - Hitachi Air Conditioning India 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. Johnson Controls - Hitachi Air Conditioning India's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Johnson Controls - Hitachi Air Conditioning India's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.02) to Mar. 2024 (0.02).

Johnson Controls - Hitachi Air Conditioning India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Johnson Controls - Hitachi Air Conditioning India'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.

Johnson Controls - Hitachi Air Conditioning India LT-Debt-to-Total-Asset Chart

Johnson Controls - Hitachi Air Conditioning India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.04

0.02

Johnson Controls - Hitachi Air Conditioning India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	-	0.03	-	0.02

Johnson Controls - Hitachi Air Conditioning India LT-Debt-to-Total-Asset Calculation

Johnson Controls - Hitachi Air Conditioning India'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 )
	=	345.1	/	16572.2
	=	0.02

Johnson Controls - Hitachi Air Conditioning India's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	345.1	/	16572.2
	=	0.02

Johnson Controls - Hitachi Air Conditioning India (NSE:JCHAC) 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.

Johnson Controls - Hitachi Air Conditioning India LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Johnson Controls - Hitachi Air Conditioning India's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Johnson Controls - Hitachi Air Conditioning India (NSE:JCHAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Johnson Controls - Hitachi Air Conditioning India Ltd (NSE:JCHAC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

523398:India

Address

Hitachi Complex, Karan Nagar Kadi District, Mehsana, GJ, IND, 384 440

Website

https://www.hitachiaircon.in

Johnson Controls - Hitachi Air Conditioning India Ltd is a manufacturer and trader of home appliances. The company is headquartered in India and generates the majority of revenue domestically. The company produces air conditioners, refrigerators, air purifiers, washing machines, chillers, telecom cooling units, variable refrigerant flow systems, and centrifugal chillers. The company has a network of showrooms and service centres across India, which include dealers and franchisees, in addition to a sales network.

Johnson Controls - Hitachi Air Conditioning India (NSE:JCHAC) Headlines

No Headlines