S J Logistics (India) (NSE:SJLOGISTIC) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

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What is S J Logistics (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. S J Logistics (India)'s long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

S J Logistics (India)'s long-term debt to total assets ratio declined from Mar. 2023 (0.33) to Mar. 2024 (0.05). It may suggest that S J Logistics (India) is progressively becoming less dependent on debt to grow their business.

S J Logistics (India) LT-Debt-to-Total-Asset Historical Data

The historical data trend for S J Logistics (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.

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S J Logistics (India) LT-Debt-to-Total-Asset Chart

S J Logistics (India) Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.15

0.40

0.33

0.05

S J Logistics (India) Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	0.15	0.40	0.33	0.21	0.05

S J Logistics (India) LT-Debt-to-Total-Asset Calculation

S J Logistics (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 )
	=	74.715	/	1497.313
	=	0.05

S J Logistics (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 )
	=	74.715	/	1497.313
	=	0.05

S J Logistics (India) (NSE:SJLOGISTIC) 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.

S J Logistics (India) LT-Debt-to-Total-Asset Related Terms

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S J Logistics (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » S J Logistics (India) Ltd (NSE:SJLOGISTIC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wagle Estate, 901/902/903, Centrum, Opposite Raila Devi Lake, Thane West, Thane, MH, IND, 400604

Website

https://www.sjlogistics.co.in

S J Logistics (India) Ltd is engaged in the business of providing logistics and supply chain solutions. Its services include ocean freight, warehousing, air freight, customs clearances, inland transportation, and door delivery among others. The company also provides customized cargo solutions to its clients based on their specific needs. It operates in a single segment of Shipping and Logistics.

S J Logistics (India) Headlines

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