Anmol India (BOM:542437) LT-Debt-to-Total-Asset : 0.15 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Anmol 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. Anmol India's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.15.

Anmol India's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Mar. 2024 (0.15). It may suggest that Anmol India is progressively becoming more dependent on debt to grow their business.

Anmol India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Anmol 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.

Anmol India LT-Debt-to-Total-Asset Chart

Anmol India Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.07

0.14

0.13

0.09

0.15

Anmol India Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.09	0.12	-	0.15

Anmol India LT-Debt-to-Total-Asset Calculation

Anmol 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 )
	=	409	/	2824
	=	0.14

Anmol 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 )
	=	409	/	2824
	=	0.14

Anmol India (BOM:542437) 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.

Anmol India LT-Debt-to-Total-Asset Related Terms

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

Anmol India (BOM:542437) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Anmol India Ltd (BOM:542437) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

ANMOL:India

Address

Block B, Aggar Nagar, 2nd Floor, 2/43, Ludhiana, PB, IND, 141001

Website

https://www.anmolindialtd.com

Anmol India Ltd is engaged in the trading of imported coal in the domestic market. The company trades both in Coal and Met Coke. The products of the company include USA HGCV Coal, USA LCGV Coal, Indonesian Coal, and others. The company earns maximum revenue from non-coking coal.

Anmol India (BOM:542437) Headlines

No Headlines