Zee Learn (NSE:ZEELEARN) LT-Debt-to-Total-Asset : 0.18 (As of Sep. 2024)

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What is Zee Learn 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. Zee Learn's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.18.

Zee Learn's long-term debt to total assets ratio declined from Sep. 2023 (0.26) to Sep. 2024 (0.18). It may suggest that Zee Learn is progressively becoming less dependent on debt to grow their business.

Zee Learn LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zee Learn'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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Zee Learn LT-Debt-to-Total-Asset Chart

Zee Learn Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.22

0.20

0.18

0.28

0.23

Zee Learn 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															0.26	-	0.23	-	0.18

Zee Learn LT-Debt-to-Total-Asset Calculation

Zee Learn'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 )
	=	2434.709	/	10840.28
	=	0.22

Zee Learn'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 )
	=	2544.538	/	14384.739
	=	0.18

Zee Learn (NSE:ZEELEARN) 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.

Zee Learn LT-Debt-to-Total-Asset Related Terms

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Zee Learn Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Zee Learn Ltd (NSE:ZEELEARN) » Definitions » LT-Debt-to-Total-Asset

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533287:India

Address

135, Dr. Annie Besant Road, Continental Building, Worli, Mumbai, MH, IND, 400018

Website

https://www.zeelearn.com

Zee Learn Ltd is engaged in the provision of educational services in India. The firm delivers learning solutions and training through its multiple products Kidzee, Mount Litera Zee Schools, Mount Litera World Preschool, Zee Institute of Media Arts (ZIMA), Zee Institute of Creative Arts (ZICA), and E-Learning Online Education and Testing. It operates through the Educational, Construction and leasing for education, and Training Manpower and related activities segments. The Educational segment which generates the majority of its revenue, principally provides learning solutions and delivers training.

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