TVS Motor Co (NSE:TVSMOTOR) LT-Debt-to-Total-Asset : 0.31 (As of Mar. 2024)

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What is TVS Motor Co 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. TVS Motor Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.31.

TVS Motor Co's long-term debt to total assets ratio increased from Mar. 2023 (0.27) to Mar. 2024 (0.31). It may suggest that TVS Motor Co is progressively becoming more dependent on debt to grow their business.

TVS Motor Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for TVS Motor Co'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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TVS Motor Co LT-Debt-to-Total-Asset Chart

TVS Motor Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.28

0.29

0.28

0.27

0.31

TVS Motor Co 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															0.27	-	0.32	-	0.31

TVS Motor Co LT-Debt-to-Total-Asset Calculation

TVS Motor Co'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 )
	=	131330	/	422204.6
	=	0.31

TVS Motor Co'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 )
	=	131330	/	422204.6
	=	0.31

TVS Motor Co (NSE:TVSMOTOR) 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.

TVS Motor Co LT-Debt-to-Total-Asset Related Terms

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TVS Motor Co (NSE:TVSMOTOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » TVS Motor Co Ltd (NSE:TVSMOTOR) » Definitions » LT-Debt-to-Total-Asset

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532343:India

Address

No. 12, Khader Nawaz Khan Road, Chaitanya, Nungambakkam, Chennai, TN, IND, 600 006

Website

https://www.tvsmotor.com

TVS Motor Co Ltd is an Indian automobile manufacturing company focused on the production of two-wheeled vehicles. The company principally manufactures motorcycles, scooters, mopeds, three-wheelers, and related spare parts and accessories. The company's operating divisions are Automotive vehicles and parts, Automotive Components, Financial Services, and Others. The company generates a majority of its revenue from the Automotive vehicles and parts division.

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