Jupiter Life Line Hospitals (NSE:JLHL) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Jupiter Life Line Hospitals 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. Jupiter Life Line Hospitals's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Jupiter Life Line Hospitals's long-term debt to total assets ratio declined from Mar. 2023 (0.46) to Mar. 2024 (0.00). It may suggest that Jupiter Life Line Hospitals is progressively becoming less dependent on debt to grow their business.

Jupiter Life Line Hospitals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jupiter Life Line Hospitals'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.

* Premium members only.

Jupiter Life Line Hospitals LT-Debt-to-Total-Asset Chart

Jupiter Life Line Hospitals Annual Data

Trend

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.53

0.51

0.46

Jupiter Life Line Hospitals Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.46	-	-	-	-

Jupiter Life Line Hospitals LT-Debt-to-Total-Asset Calculation

Jupiter Life Line Hospitals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	4525.07	/	9855.34
	=	0.46

Jupiter Life Line Hospitals'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 )
	=	0	/	12813.33
	=	0.00

Jupiter Life Line Hospitals (NSE:JLHL) 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.

Jupiter Life Line Hospitals LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Jupiter Life Line Hospitals's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Jupiter Life Line Hospitals (NSE:JLHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Jupiter Life Line Hospitals Ltd (NSE:JLHL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

543980:India

Address

Eastern Express Highway, Service Rd, Next To Viviana Mall, Thane west, Thane, MH, IND, 400601

Website

https://www.jupiterhospital.com

Jupiter Life Line Hospitals Ltd is a key multi-specialty tertiary and quaternary healthcare provider. The Company operates in one business and geographical segment which is healthcare services in India. The Hospital revenue comprises primarily of fees charged for inpatient and outpatient hospital services and other hospital services. Services include charges for accommodation, operation theatre, medical professional services, equipment, radiology, laboratory and pharmaceutical goods used.

Jupiter Life Line Hospitals (NSE:JLHL) Headlines

No Headlines