Valecha Engineering (NSE:VALECHAENG) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Valecha Engineering 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. Valecha Engineering's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Valecha Engineering's long-term debt to total assets ratio increased from Mar. 2023 (0.09) to Mar. 2024 (0.09). It may suggest that Valecha Engineering is progressively becoming more dependent on debt to grow their business.

Valecha Engineering LT-Debt-to-Total-Asset Historical Data

The historical data trend for Valecha Engineering'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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Valecha Engineering LT-Debt-to-Total-Asset Chart

Valecha Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.06

0.07

0.06

0.09

Valecha Engineering 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															0.09	-	0.09	-	0.09

Valecha Engineering LT-Debt-to-Total-Asset Calculation

Valecha Engineering'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 )
	=	524.7	/	5914.6
	=	0.09

Valecha Engineering'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 )
	=	524.7	/	5914.6
	=	0.09

Valecha Engineering (NSE:VALECHAENG) 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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Valecha Engineering (NSE:VALECHAENG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Valecha Engineering Ltd (NSE:VALECHAENG) » Definitions » LT-Debt-to-Total-Asset

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Address

Andheri New Link Road, Plot No. B-6, Valecha Chambers, 4th Floor, Andheri (West), Mumbai, MH, IND, 400053

Website

https://www.valecha.in

Valecha Engineering Ltd The Group is engaged in the construction of infrastructure and engineering projects such as Roads, Highways and Expressways, Bridges and Tunnels, Airports, Irrigation Dams, Reservoirs and Canals, Railways, Foundation and Piling Works. It operates in a single reportable segment as Construction Activity.

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