Force Motors (BOM:500033) Debt-to-Asset : 0.12 (As of Mar. 2024)

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What is Force Motors Debt-to-Asset?

Force Motors's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,427 Mil. Force Motors's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,818 Mil. Force Motors's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹44,147 Mil. Force Motors's debt to asset for the quarter that ended in Mar. 2024 was 0.12.

Force Motors Debt-to-Asset Historical Data

The historical data trend for Force Motors's Debt-to-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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Force Motors Debt-to-Asset Chart

Force Motors Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.10

0.20

0.29

0.24

0.12

Force Motors Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.24	-	0.17	-	0.12

Competitive Comparison of Force Motors's Debt-to-Asset

For the Auto Manufacturers subindustry, Force Motors's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Force Motors's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Force Motors's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Force Motors's Debt-to-Asset falls into.

Force Motors Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Force Motors's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1427.3	+	3817.7)	/	44146.9
	=	0.12

Force Motors's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1427.3	+	3817.7)	/	44146.9
	=	0.12

Force Motors (BOM:500033) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Force Motors Debt-to-Asset Related Terms

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Force Motors (BOM:500033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Force Motors Ltd (BOM:500033) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

FORCEMOT:India

Address

Mumbai-Pune Road, Akurdi, Pune, MH, IND, 411 035

Website

https://www.forcemotors.com

Force Motors Ltd is an automobile manufacturing company domiciled in India. The company principally manufactures small commercial vehicles, including cargo transportation; light commercial vehicles, such as buses and vans; multi-utility vehicles; sports utility vehicles; and agricultural tractors. In addition to vehicle manufacturing operations, Force Motors manufactures products related to the automobile industry, such as diesel engines. Production is largely sold domestically, and the company's manufacturing operations are conducted in domestic plants.

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