7NR Retail (BOM:540615) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

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What is 7NR Retail 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. 7NR Retail's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

7NR Retail's long-term debt to total assets ratio increased from Mar. 2023 (0.04) to Mar. 2024 (0.12). It may suggest that 7NR Retail is progressively becoming more dependent on debt to grow their business.

7NR Retail LT-Debt-to-Total-Asset Historical Data

The historical data trend for 7NR Retail'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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7NR Retail LT-Debt-to-Total-Asset Chart

7NR Retail Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.04

0.12

7NR Retail Quarterly Data
	Mar19	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															0.04	-	0.02	-	0.12

7NR Retail LT-Debt-to-Total-Asset Calculation

7NR Retail'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 )
	=	51.155	/	433.15
	=	0.12

7NR Retail'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 )
	=	51.155	/	433.15
	=	0.12

7NR Retail (BOM:540615) 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.

7NR Retail LT-Debt-to-Total-Asset Related Terms

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7NR Retail (BOM:540615) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » 7NR Retail Ltd (BOM:540615) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Sadashiv Kanto, Behind Bajaj Process, Godown No-1, 234/1+234/2,FP-69/3, Narol Chokdi, Narol, Ahmedabad, GJ, IND, 382405

Website

http://www.7nrretailltd.in

7NR Retail Ltd is engaged in the business of trading of apparels in the wholesale and retail segments. It mainly deals in the business of Branding and selling ready-made garments, suiting-shirting, fabrics, and all other textile products. Trading in Textile is the Company's only business segment. The company's products include kids garments under the brand name of Gini & Jony. Geographically, it operates only in India.

7NR Retail (BOM:540615) Headlines

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