Manav infra projects (NSE:MANAV) LT-Debt-to-Total-Asset : 0.49 (As of Mar. 2022)

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What is Manav infra projects 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. Manav infra projects's long-term debt to total assests ratio for the quarter that ended in Mar. 2022 was 0.49.

Manav infra projects's long-term debt to total assets ratio increased from Mar. 2021 (0.40) to Mar. 2022 (0.49). It may suggest that Manav infra projects is progressively becoming more dependent on debt to grow their business.

Manav infra projects LT-Debt-to-Total-Asset Historical Data

The historical data trend for Manav infra projects'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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Manav infra projects LT-Debt-to-Total-Asset Chart

Manav infra projects Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.24

0.32

0.40

0.49

0.31

Manav infra projects Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.35	0.40	0.43	0.49	0.31

Manav infra projects LT-Debt-to-Total-Asset Calculation

Manav infra projects'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 )
	=	30.119	/	95.904
	=	0.31

Manav infra projects's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

LT Debt to Total Assets (Q: Mar. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2022 )	/	Total Assets (Q: Mar. 2022 )
	=	50.212	/	102.236
	=	0.49

Manav infra projects (NSE:MANAV) 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.

Manav infra projects LT-Debt-to-Total-Asset Related Terms

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Manav infra projects (NSE:MANAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Manav infra projects Ltd (NSE:MANAV) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Akurli Road, 226, Gundecha Industrial - Complex, Near Growels Mall, Kandivali (East), Mumbai, MH, IND, 400101

Website

https://www.manavinfra.com

Manav infra projects Ltd is engaged in civil construction services such as piling, excavation, road construction, land leveling. It also provides earth moving machines and construction equipment on rent for infrastructure and construction-related work. Some of the company's projects include Sevens Sagbag, Aroha, HDIL Commercial Basement Work, and others.

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