Vasa Retail & Overseas (NSE:VASA) LT-Debt-to-Total-Asset : 1.91 (As of Mar. 2024)

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What is Vasa Retail & Overseas 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. Vasa Retail & Overseas's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 1.91.

Vasa Retail & Overseas's long-term debt to total assets ratio increased from Mar. 2022 (0.63) to Mar. 2024 (1.91). It may suggest that Vasa Retail & Overseas is progressively becoming more dependent on debt to grow their business.

Vasa Retail & Overseas LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vasa Retail & Overseas'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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Vasa Retail & Overseas LT-Debt-to-Total-Asset Chart

Vasa Retail & Overseas Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.05

0.25

0.63

1.92

1.91

Vasa Retail & Overseas Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Oct17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.25	0.56	0.63	1.92	1.91

Vasa Retail & Overseas LT-Debt-to-Total-Asset Calculation

Vasa Retail & Overseas'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 )
	=	111.583	/	58.298
	=

Vasa Retail & Overseas'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 )
	=	111.583	/	58.298
	=

Vasa Retail & Overseas (NSE:VASA) 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.

Vasa Retail & Overseas LT-Debt-to-Total-Asset Related Terms

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Vasa Retail & Overseas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vasa Retail & Overseas Ltd (NSE:VASA) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Bhulabhai Desai Road, 23, 5th Floor, Plot 76, Cumballa Hill, Mumbai, MH, IND, 400026

Website

https://www.vasagroup.in

Vasa Retail & Overseas Ltd is a company engaged in the manufacture and sale of stationeries and raw materials. The company mainly deals in artistic materials, hobby colors, scholastic colors, scholastic stationery, paper, office products, drawing instruments, writing instruments, office stationery, adhesives, notebooks, office supplies and writing instruments, books, pens, pencils, erasers, files, bags, and bottles. In addition, it is also involved in procuring bag fabric and supplying it to the other bag manufacturers.

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