Mahanagar Telephone Nigam (BOM:500108) LT-Debt-to-Total-Asset : 2.25 (As of Mar. 2024)

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What is Mahanagar Telephone Nigam 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. Mahanagar Telephone Nigam's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 2.25.

Mahanagar Telephone Nigam's long-term debt to total assets ratio increased from Mar. 2023 (1.69) to Mar. 2024 (2.25). It may suggest that Mahanagar Telephone Nigam is progressively becoming more dependent on debt to grow their business.

Mahanagar Telephone Nigam LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mahanagar Telephone Nigam'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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Mahanagar Telephone Nigam LT-Debt-to-Total-Asset Chart

Mahanagar Telephone Nigam Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.77

1.37

1.36

1.69

2.25

Mahanagar Telephone Nigam 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															1.69	-	1.91	-	2.25

Mahanagar Telephone Nigam LT-Debt-to-Total-Asset Calculation

Mahanagar Telephone Nigam'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 )
	=	240731.4	/	107173.4
	=	2.25

Mahanagar Telephone Nigam'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 )
	=	240731.4	/	107173.4
	=	2.25

Mahanagar Telephone Nigam (BOM:500108) 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.

Mahanagar Telephone Nigam LT-Debt-to-Total-Asset Related Terms

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Mahanagar Telephone Nigam (BOM:500108) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Mahanagar Telephone Nigam Ltd (BOM:500108) » Definitions » LT-Debt-to-Total-Asset

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MTNL:India

Address

Lodhi Road, 5th Floor, 9, CGO Complex, Mahanagar Doorsanchar Sadan, New Delhi, IND, 110 003

Website

https://www.mtnl.in

Mahanagar Telephone Nigam Ltd is an India-based company engaged in providing telecommunications services. The company's operating segment includes the Basic and Cellular segments. It generates maximum revenue from the Basic segment. The company provides a host of telecom services that include fixed telephone service, GSM (including 3G services), Internet, Broadband, ISDN, and Leased Line services.

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