Amber Enterprises India (NSE:AMBER) LT-Debt-to-Total-Asset : 0.11 (As of Mar. 2024)

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What is Amber Enterprises 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. Amber Enterprises India's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.11.

Amber Enterprises India's long-term debt to total assets ratio increased from Mar. 2023 (0.11) to Mar. 2024 (0.11). It may suggest that Amber Enterprises India is progressively becoming more dependent on debt to grow their business.

Amber Enterprises India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Amber Enterprises 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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Amber Enterprises India LT-Debt-to-Total-Asset Chart

Amber Enterprises India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.05

0.07

0.11

Amber Enterprises 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															0.11	-	0.13	-	0.11

Amber Enterprises India LT-Debt-to-Total-Asset Calculation

Amber Enterprises 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 )
	=	7523.318	/	65931.976
	=	0.11

Amber Enterprises 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 )
	=	7523.318	/	65931.976
	=	0.11

Amber Enterprises India (NSE:AMBER) 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.

Amber Enterprises India LT-Debt-to-Total-Asset Related Terms

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Amber Enterprises India (NSE:AMBER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Amber Enterprises India Ltd (NSE:AMBER) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

540902:India

Address

Sector 49, Sohna Road, Universal Trade Tower, 1st Floor, Gurgaon, HR, IND, 122 018

Website

https://www.ambergroupindia.com

Amber Enterprises India Ltd is a manufacturer of consumer durable products and its components. Geographically, it derives a majority of its revenue from India. The company offers products such as air conditioners, microwave ovens, refrigerators, washing machines, heat exchangers, multi-flow condensers, luminaries, plastic extrusion sheets, vacuum forming components, injection molding components, Printed Circuit Boards, sheet metal stamping, and others.

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