Womancart (NSE:WOMANCART) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2023)

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What is Womancart 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. Womancart's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.13.

Womancart's long-term debt to total assets ratio increased from Mar. 2021 (0.07) to Mar. 2023 (0.13). It may suggest that Womancart is progressively becoming more dependent on debt to grow their business.

Womancart LT-Debt-to-Total-Asset Historical Data

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

Womancart Annual Data

Trend

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.07

0.02

0.13

Womancart Semi-Annual Data
	Mar21	Mar22	Mar23
LT-Debt-to-Total-Asset	0.07	0.02	0.13

Womancart LT-Debt-to-Total-Asset Calculation

Womancart'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 )
	=	7.215	/	55.149
	=	0.13

Womancart'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 )
	=	7.215	/	55.149
	=	0.13

Womancart (NSE:WOMANCART) 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.

Womancart LT-Debt-to-Total-Asset Related Terms

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Womancart (NSE:WOMANCART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Womancart Ltd (NSE:WOMANCART) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

House No. 57, 3rd Floor, Block F-14, Model Town-II, New Delhi, IND, 110009

Website

https://www.womancart.in

Womancart Ltd is primarily a digital consumer-centric retail platform, providing a wide range of classic and emerging branded beauty and wellness products for skin care, body care, hair care, and fragrance for both men and women at the comfort of home. It also sells lifestyle brands for make-up, imitation jewellery, and lingerie, it also runs brick-and-mortar stores where customers can visit, make purchases, and interact with the brand.

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