Den Networks (NSE:DEN) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Den Networks 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. Den Networks's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Den Networks's long-term debt to total assets ratio declined from Mar. 2023 (0.01) to Mar. 2024 (0.01). It may suggest that Den Networks is progressively becoming less dependent on debt to grow their business.

Den Networks LT-Debt-to-Total-Asset Historical Data

The historical data trend for Den Networks'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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Den Networks LT-Debt-to-Total-Asset Chart

Den Networks Annual Data

Trend

Mar15

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Mar17

Mar18

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Mar21

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Mar24

LT-Debt-to-Total-Asset

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0.01

Den Networks 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															0.01	-	0.01	-	0.01

Den Networks LT-Debt-to-Total-Asset Calculation

Den Networks'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 )
	=	229.83	/	39265.49
	=	0.01

Den Networks'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 )
	=	229.83	/	39265.49
	=	0.01

Den Networks (NSE:DEN) 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.

Den Networks LT-Debt-to-Total-Asset Related Terms

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Den Networks (NSE:DEN) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Den Networks Ltd (NSE:DEN) » Definitions » LT-Debt-to-Total-Asset

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533137:India

Address

Okhla Industrial Estate, Phase-Ill, New Delhi, IND, 110 020

Website

https://www.dennetworks.com

Den Networks Ltd is a cable television company in India engaged in the distribution of analogue and digital cable television services. It provides visual entertainment to its customers through cable TV, over-the-top entertainment, telecommerce, and broadband services. The business segments of the company consist of primarily Cable and Broadband. Its Cable segment includes the distribution and promotion of television channels and the Broadband segment consists of providing internet services. The company generates most of its revenue from its cable segment. Geographically, it derives revenue from India.