Dixon Technologies (India) (BOM:540699) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Dixon Technologies (India) 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. Dixon Technologies (India)'s long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

Dixon Technologies (India)'s long-term debt to total assets ratio declined from Mar. 2023 (0.09) to Mar. 2024 (0.06). It may suggest that Dixon Technologies (India) is progressively becoming less dependent on debt to grow their business.

Dixon Technologies (India) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dixon Technologies (India)'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.

* Premium members only.

Dixon Technologies (India) LT-Debt-to-Total-Asset Chart

Dixon Technologies (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.07

0.12

0.09

0.06

Dixon Technologies (India) 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	-	0.07	-	0.06

Dixon Technologies (India) LT-Debt-to-Total-Asset Calculation

Dixon Technologies (India)'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 )
	=	4245.9	/	69914.5
	=	0.06

Dixon Technologies (India)'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 )
	=	4245.9	/	69914.5
	=	0.06

Dixon Technologies (India) (BOM:540699) 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.

Dixon Technologies (India) LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Dixon Technologies (India)'s LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Dixon Technologies (India) (BOM:540699) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Dixon Technologies (India) Ltd (BOM:540699) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

DIXON:India

Address

B-14 and 15, Phase-II, District Gautam Buddha Nagar, Noida, UP, IND, 201 305

Website

https://www.dixoninfo.com

Dixon Technologies (India) Ltd is engaged in the manufacture of electronic products in India. Its products include Consumer electronics, Home appliances, Lighting products, Mobile phones, Security Systems, and Reverse Logistics. Majority of the company's revenue is contributed by Consumer electronics. The company engages in domestic sales of goods as well as exports its products outside India.

Dixon Technologies (India) (BOM:540699) Headlines

No Headlines