Westlife Foodworld (NSE:WESTLIFE) LT-Debt-to-Total-Asset : 0.61 (As of Sep. 2024)

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What is Westlife Foodworld 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. Westlife Foodworld's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.61.

Westlife Foodworld's long-term debt to total assets ratio increased from Sep. 2023 (0.58) to Sep. 2024 (0.61). It may suggest that Westlife Foodworld is progressively becoming more dependent on debt to grow their business.

Westlife Foodworld LT-Debt-to-Total-Asset Historical Data

The historical data trend for Westlife Foodworld'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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Westlife Foodworld LT-Debt-to-Total-Asset Chart

Westlife Foodworld Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.40

0.39

0.42

0.44

Westlife Foodworld Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.58	-	0.44	-	0.61

Westlife Foodworld LT-Debt-to-Total-Asset Calculation

Westlife Foodworld'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 )
	=	9975.15	/	22857.89
	=	0.44

Westlife Foodworld's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	14727.006	/	24344.799
	=	0.60

Westlife Foodworld (NSE:WESTLIFE) 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.

Westlife Foodworld LT-Debt-to-Total-Asset Related Terms

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Westlife Foodworld Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Westlife Foodworld Ltd (NSE:WESTLIFE) » Definitions » LT-Debt-to-Total-Asset

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505533:India

Address

Senapati Bapat Marg, 1001, Tower 3, 10th Floor, One International Center, Prabhadevi, Mumbai, MH, IND, 400 013

Website

https://www.westlife.co.in

Westlife Foodworld Ltd owns and operates several hundred McDonald's restaurants in western and southern India through a master franchise agreement with McDonald's Corp. Its business segment is quick-service restaurants, and all of its sales are generated in India. The McDonald's menu is customized to cater to Indian tastes, with options such as the McAloo Tikki burger, Veg Pizza McPuff, and the Maharaja Mac. Its restaurants in India serve no beef or pork and isolate vegetarian and nonvegetarian ingredients at all times.

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