Motherson Sumi Wiring India (BOM:543498) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

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What is Motherson Sumi Wiring 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. Motherson Sumi Wiring India's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

Motherson Sumi Wiring India's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Mar. 2024 (0.06). It may suggest that Motherson Sumi Wiring India is progressively becoming more dependent on debt to grow their business.

Motherson Sumi Wiring India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Motherson Sumi Wiring 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.

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Motherson Sumi Wiring India LT-Debt-to-Total-Asset Chart

Motherson Sumi Wiring India Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.01

0.08

0.06

Motherson Sumi Wiring India Quarterly Data
	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								-	0.08	0.07	-	0.06

Motherson Sumi Wiring India LT-Debt-to-Total-Asset Calculation

Motherson Sumi Wiring 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 )
	=	1853.8	/	31389.2
	=	0.06

Motherson Sumi Wiring 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 )
	=	1853.8	/	31389.2
	=	0.06

Motherson Sumi Wiring India (BOM:543498) 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.

Motherson Sumi Wiring India LT-Debt-to-Total-Asset Related Terms

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Motherson Sumi Wiring India (BOM:543498) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Motherson Sumi Wiring India Ltd (BOM:543498) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

MSUMI:India

Address

Noida- Greater Noida Expressway, 11th Floor, Plot No. 1, Sector-127, Noida, UP, IND, 201301

Website

https://www.mswil.motherson.com

Motherson Sumi Wiring India Ltd is engaged in domestic wiring harness business. It derives a majority of revenue from India.

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