Maks Energy Solutions India (NSE:MAKS) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2023)

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What is Maks Energy Solutions 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. Maks Energy Solutions India's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.02.

Maks Energy Solutions India's long-term debt to total assets ratio declined from Mar. 2021 (0.08) to Mar. 2023 (0.02). It may suggest that Maks Energy Solutions India is progressively becoming less dependent on debt to grow their business.

Maks Energy Solutions India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Maks Energy Solutions 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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Maks Energy Solutions India LT-Debt-to-Total-Asset Chart

Maks Energy Solutions India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.08

0.05

0.02

Maks Energy Solutions India Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
LT-Debt-to-Total-Asset	-	0.08	0.05	0.02

Maks Energy Solutions India LT-Debt-to-Total-Asset Calculation

Maks Energy Solutions India'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 )
	=	5.752	/	314.954
	=	0.02

Maks Energy Solutions India's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	5.752	/	314.954
	=	0.02

Maks Energy Solutions India (NSE:MAKS) 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.

Maks Energy Solutions India LT-Debt-to-Total-Asset Related Terms

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Maks Energy Solutions India (NSE:MAKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Maks Energy Solutions India Ltd (NSE:MAKS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shubham Society, Showroom-1, 599/600 Rasta Peth, Near- Parsi Agyari, Pune, MH, IND, 411011

Website

https://www.maksgenerators.com

Maks Energy Solutions India Ltd is engaged in the business of trading, dealing, assembling, selling, installing, testing, and commissioning generator and Diesel Generator sets. The company's products include Tata generators, Cummins generators, Perkins generators, and Spare parts. The company also has dealers outside India in Europe, Latin America, the USA, Singapore, the Middle East, Africa, Thailand, Nepal, Sri Lanka, and many other countries.

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