Radaan Mediaworks India (BOM:590070) LT-Debt-to-Total-Asset : 0.66 (As of Mar. 2024)

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What is Radaan Mediaworks 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. Radaan Mediaworks India's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.66.

Radaan Mediaworks India's long-term debt to total assets ratio declined from Mar. 2023 (0.68) to Mar. 2024 (0.66). It may suggest that Radaan Mediaworks India is progressively becoming less dependent on debt to grow their business.

Radaan Mediaworks India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Radaan Mediaworks 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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Radaan Mediaworks India LT-Debt-to-Total-Asset Chart

Radaan Mediaworks India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.41

0.62

0.77

0.68

0.66

Radaan Mediaworks India Quarterly Data
	Jun19	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															0.68	-	0.72	-	0.66

Radaan Mediaworks India LT-Debt-to-Total-Asset Calculation

Radaan Mediaworks 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 )
	=	253.151	/	385.262
	=	0.66

Radaan Mediaworks 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 )
	=	253.151	/	385.262
	=	0.66

Radaan Mediaworks India (BOM:590070) 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.

Radaan Mediaworks India LT-Debt-to-Total-Asset Related Terms

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Radaan Mediaworks India (BOM:590070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Radaan Mediaworks India Ltd (BOM:590070) » Definitions » LT-Debt-to-Total-Asset

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RADAAN:India

Address

No. 14, Jayammal Road, Teynampet, Chennai, TN, IND, 600 018

Website

https://www.radaan.tv

Radaan Mediaworks India Ltd is a media entertainment company. It is engaged in producing content for tele-serials/films, digital content, web series, events, game shows, and others. The company also undertakes distribution activities, theatrical plays, and setting up training courses comprising acting, dance, martial arts, yoga, and others. The Company Operates in a single segment; Media and Entertainment. It generates revenues from the sale of advertising spots during the telecast of its program.

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