Krishna Institute of Medical Sciences (BOM:543308) LT-Debt-to-Total-Asset : 0.32 (As of Mar. 2024)

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What is Krishna Institute of Medical Sciences 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. Krishna Institute of Medical Sciences's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.32.

Krishna Institute of Medical Sciences's long-term debt to total assets ratio increased from Mar. 2023 (0.22) to Mar. 2024 (0.32). It may suggest that Krishna Institute of Medical Sciences is progressively becoming more dependent on debt to grow their business.

Krishna Institute of Medical Sciences LT-Debt-to-Total-Asset Historical Data

The historical data trend for Krishna Institute of Medical Sciences'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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Krishna Institute of Medical Sciences LT-Debt-to-Total-Asset Chart

Krishna Institute of Medical Sciences Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.26

0.16

0.12

0.22

0.32

Krishna Institute of Medical Sciences Quarterly Data
	Mar19	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													0.22	-	0.26	-	0.32

Krishna Institute of Medical Sciences LT-Debt-to-Total-Asset Calculation

Krishna Institute of Medical Sciences'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 )
	=	12262.97	/	38520.19
	=	0.32

Krishna Institute of Medical Sciences'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 )
	=	12262.97	/	38520.19
	=	0.32

Krishna Institute of Medical Sciences (BOM:543308) 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.

Krishna Institute of Medical Sciences LT-Debt-to-Total-Asset Related Terms

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Krishna Institute of Medical Sciences (BOM:543308) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Krishna Institute of Medical Sciences Ltd (BOM:543308) » Definitions » LT-Debt-to-Total-Asset

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KIMS:India

Address

D. No. 1-8-31/1, Minister’s Road, Secunderabad, TG, IND, 500 003

Website

https://www.kimshospitals.com

Krishna Institute of Medical Sciences Ltd is a healthcare group in Secunderabad and Telangana. It offers a comprehensive range of healthcare services including oncology, cardiac sciences, neurosciences, gastric sciences, orthopedics, renal sciences, organ transplantation, mother and child care, and many more.

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