Suyog Telematics (BOM:537259) LT-Debt-to-Total-Asset : 0.19 (As of Mar. 2024)

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What is Suyog Telematics 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. Suyog Telematics's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.19.

Suyog Telematics's long-term debt to total assets ratio declined from Mar. 2023 (0.23) to Mar. 2024 (0.19). It may suggest that Suyog Telematics is progressively becoming less dependent on debt to grow their business.

Suyog Telematics LT-Debt-to-Total-Asset Historical Data

The historical data trend for Suyog Telematics'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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Suyog Telematics LT-Debt-to-Total-Asset Chart

Suyog Telematics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.13

0.20

0.23

0.19

Suyog Telematics 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															0.23	-	0.24	-	0.19

Suyog Telematics LT-Debt-to-Total-Asset Calculation

Suyog Telematics'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 )
	=	964.385	/	5001.034
	=	0.19

Suyog Telematics'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 )
	=	964.385	/	5001.034
	=	0.19

Suyog Telematics (BOM:537259) 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.

Suyog Telematics LT-Debt-to-Total-Asset Related Terms

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Suyog Telematics (BOM:537259) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Suyog Telematics Ltd (BOM:537259) » Definitions » LT-Debt-to-Total-Asset

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Address

30, MIDC Centre Road, Suyog House, Andheri (East), Mumbai, MH, IND, 400093

Website

https://suyogtelematics.co.in

Suyog Telematics Ltd telecommunication infrastructure. It is engaged in the business of installing and commissioning of poles, towers, and optical fiber cable (OFC). It provides services in terms of infrastructure provisioning for poles, towers, and OFC to telecom operators. The company's business is to build, own and operate telecom towers, OFC systems, and related assets and to provide these passive infrastructure assets on a shared basis to wireless and other communications service providers.

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