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ZF Commercial Vehicle Control Systems India (NSE:ZFCVINDIA) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)


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What is ZF Commercial Vehicle Control Systems 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. ZF Commercial Vehicle Control Systems India's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

ZF Commercial Vehicle Control Systems India's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.02). It may suggest that ZF Commercial Vehicle Control Systems India is progressively becoming less dependent on debt to grow their business.

ZF Commercial Vehicle Control Systems India LT-Debt-to-Total-Asset Historical Data

The historical data trend for ZF Commercial Vehicle Control Systems 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.

* Premium members only.

ZF Commercial Vehicle Control Systems India LT-Debt-to-Total-Asset Chart

ZF Commercial Vehicle Control Systems India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.02 0.02

ZF Commercial Vehicle Control Systems India 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 - 0.02 - 0.02

ZF Commercial Vehicle Control Systems India LT-Debt-to-Total-Asset Calculation

ZF Commercial Vehicle Control Systems India'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 )
=613.278/33816.264
=0.02

ZF Commercial Vehicle Control Systems India'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 )
=613.278/33816.264
=0.02

* 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.

ZF Commercial Vehicle Control Systems India  (NSE:ZFCVINDIA) 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.

ZF Commercial Vehicle Control Systems India LT-Debt-to-Total-Asset Related Terms

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ZF Commercial Vehicle Control Systems India (NSE:ZFCVINDIA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ZF Commercial Vehicle Control Systems India Ltd (NSE:ZFCVINDIA) » Definitions » LT-Debt-to-Total-Asset
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BOM:543300 NSE:SUNDRMFAST BOM:532539 BOM:543498 BOM:500877 NSE:ENDURANCE BOM:500086 BOM:532756 NSE:SCHAEFFLER BOM:532605 TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
533023:India
Address
Plot No. 3 (SP), III Main Road, Ambattur Industrial Estate, Chennai, TN, IND, 600058
Website
https://www.zf.com
ZF Commercial Vehicle Control Systems India Ltd is a supplier of technologies and services that improve commercial vehicle safety, efficiency, and connectivity. It offers conventional braking products, advanced braking systems, and other related air-assisted products and systems, such as air suspension and driveline controls.

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