Positron Energy (NSE:POSITRON) LT-Debt-to-Total-Asset : 0.19 (As of Mar. 2024)

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What is Positron Energy 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. Positron Energy's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.19.

Positron Energy's long-term debt to total assets ratio declined from Mar. 2022 (0.37) to Mar. 2024 (0.19). It may suggest that Positron Energy is progressively becoming less dependent on debt to grow their business.

Positron Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Positron Energy'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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Positron Energy LT-Debt-to-Total-Asset Chart

Positron Energy Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.19

0.37

0.29

0.19

Positron Energy Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
LT-Debt-to-Total-Asset	0.19	0.37	0.29	0.19

Positron Energy LT-Debt-to-Total-Asset Calculation

Positron Energy'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 )
	=	73.067	/	378.902
	=	0.19

Positron Energy'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 )
	=	73.067	/	378.902
	=	0.19

Positron Energy (NSE:POSITRON) 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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Positron Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Positron Energy Ltd (NSE:POSITRON) » Definitions » LT-Debt-to-Total-Asset

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Address

Sector-7, Office No. 3, IT Tower-2, Ground Floor Infocity, Gandhinagar, GJ, IND, 382007

Website

https://www.positron-india.com

Positron Energy Ltd is engaged in Management & Technical Advisory Services of Oil and Gas Industry. It provide end to end solutions for Gas distribution to the Industries across India. The company provides Management Consultancy Services like commercial and financial advisory, technical services including Project Management and O&M (Operation and Management) Services, across the Gas Sector in India. It has successfully developed a Gas aggregation business volume of 35 MMSCM (approx), especially Natural Gas. its technical qualifications and empanelment with industrial customers attest to its reliability and competence. Moreover, distribution of Natural gas is facilitated through common carrier pipeline networks operated by public and private sector players in the Indian market.

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