Sigma Solve (NSE:SIGMA) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Sigma Solve 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. Sigma Solve's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.06.

Sigma Solve's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Sep. 2023 (0.06). It may suggest that Sigma Solve is progressively becoming more dependent on debt to grow their business.

Sigma Solve LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sigma Solve'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.

Sigma Solve LT-Debt-to-Total-Asset Chart

Sigma Solve Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.02

0.05

Sigma Solve Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.01	-	-	0.05	0.06

Sigma Solve LT-Debt-to-Total-Asset Calculation

Sigma Solve's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	30.143	/	631.201
	=	0.05

Sigma Solve's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	43.524	/	746.189
	=	0.06

Sigma Solve (NSE:SIGMA) 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.

Sigma Solve LT-Debt-to-Total-Asset Related Terms

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

Sigma Solve (NSE:SIGMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sigma Solve Ltd (NSE:SIGMA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

543917:India

Address

Sindhu Bhavan Road, S G Highway, Alpha Megacone House, Opposite Armieda, 305-308, 3rd Floor, Ahmedabad, GJ, IND, 380054

Website

https://www.sigmasolve.in

Sigma Solve Ltd is involved in providing enterprise software solutions. The company provides services related to Web and E-commerce development, Real-time application development, Business Intelligence Analytics, CRM development, Digital marketing, UI and UX design, Automation testing and Quality assurance. The firm generates revenue is from the export of services.

Sigma Solve (NSE:SIGMA) Headlines

No Headlines