POWERGRID Infrastructure Investment Trust (BOM:543290) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2023)

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What is POWERGRID Infrastructure Investment Trust 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. POWERGRID Infrastructure Investment Trust's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.06.

POWERGRID Infrastructure Investment Trust's long-term debt to total assets ratio increased from Mar. 2022 (0.05) to Mar. 2023 (0.06). It may suggest that POWERGRID Infrastructure Investment Trust is progressively becoming more dependent on debt to grow their business.

POWERGRID Infrastructure Investment Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for POWERGRID Infrastructure Investment Trust'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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POWERGRID Infrastructure Investment Trust LT-Debt-to-Total-Asset Chart

POWERGRID Infrastructure Investment Trust Annual Data

Trend

Mar18

Mar19

Mar20

Mar22

Mar23

LT-Debt-to-Total-Asset

0.81

0.76

0.65

0.05

0.06

POWERGRID Infrastructure Investment Trust Quarterly Data
	Mar18	Mar19	Mar20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.05	-	-	-	0.06

POWERGRID Infrastructure Investment Trust LT-Debt-to-Total-Asset Calculation

POWERGRID Infrastructure Investment Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	5692	/	100432.66
	=	0.06

POWERGRID Infrastructure Investment Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	5692	/	100432.66
	=	0.06

POWERGRID Infrastructure Investment Trust (BOM:543290) 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.

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POWERGRID Infrastructure Investment Trust (BOM:543290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » POWERGRID Infrastructure Investment Trust (BOM:543290) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

PGINVIT:India

Address

Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001

Website

http://www.pginvit.in

POWERGRID Infrastructure Investment Trust own, construct, operate, maintain and invest as an infrastructure investment trust as permissible in terms of the InvIT Regulations, including in power transmission assets in India. Its primary business segment is namely power transmission network for the transmission system.

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