Thinking Hats Entertainment Solutions (NSE:THESL) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Thinking Hats Entertainment Solutions 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. Thinking Hats Entertainment Solutions's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Thinking Hats Entertainment Solutions's long-term debt to total assets ratio increased from Mar. 2022 (0.00) to Mar. 2024 (0.04). It may suggest that Thinking Hats Entertainment Solutions is progressively becoming more dependent on debt to grow their business.

Thinking Hats Entertainment Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Thinking Hats Entertainment Solutions'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.

Thinking Hats Entertainment Solutions LT-Debt-to-Total-Asset Chart

Thinking Hats Entertainment Solutions Annual Data

Trend

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.07

0.04

Thinking Hats Entertainment Solutions Semi-Annual Data
	Mar22	Mar23	Mar24
LT-Debt-to-Total-Asset	-	0.07	0.04

Thinking Hats Entertainment Solutions LT-Debt-to-Total-Asset Calculation

Thinking Hats Entertainment Solutions'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 )
	=	9.199	/	240.322
	=	0.04

Thinking Hats Entertainment Solutions'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 )
	=	9.199	/	240.322
	=	0.04

Thinking Hats Entertainment Solutions (NSE:THESL) 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.

Thinking Hats Entertainment Solutions LT-Debt-to-Total-Asset Related Terms

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

Thinking Hats Entertainment Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Thinking Hats Entertainment Solutions Ltd (NSE:THESL) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

5th Floor, B 9 Pinnacle Business, Park Sector 3 Noida, Gautam Buddha Nagar, Noida, UP, IND, 201301

Website

https://www.thes.in

Thinking Hats Entertainment Solutions Ltd is a concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a focus on content development, intellectual property curation and tech centric product development. The company operates in two reportable segment (Business segment) i.e. Event Management and OTT Sales. Key revenue is generated from Event Management segment.

Thinking Hats Entertainment Solutions Headlines

No Headlines