MFL India (BOM:526622) Debt-to-Asset : 0.87 (As of Mar. 2024)

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What is MFL India Debt-to-Asset?

MFL India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. MFL India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹148.8 Mil. MFL India's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹171.6 Mil. MFL India's debt to asset for the quarter that ended in Mar. 2024 was 0.87.

MFL India Debt-to-Asset Historical Data

The historical data trend for MFL India's Debt-to-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.

MFL India Debt-to-Asset Chart

MFL India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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1.75

1.07

0.09

0.97

0.87

MFL India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.97	-	0.76	-	0.87

Competitive Comparison of MFL India's Debt-to-Asset

For the Integrated Freight & Logistics subindustry, MFL India's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MFL India's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MFL India's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where MFL India's Debt-to-Asset falls into.

MFL India Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

MFL India's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	148.809)	/	171.557
	=	0.87

MFL India's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	148.809)	/	171.557
	=	0.87

MFL India (BOM:526622) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

MFL India Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of MFL India's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

MFL India (BOM:526622) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MFL India Ltd (BOM:526622) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

94/4, Main Market, UG-F, UG-9, Village-Patparganj, Patparganj, New Delhi, IND, 110091

Website

https://www.mflindia.info

MFL India Ltd is an India-based transport and logistics company. Its only operating segment is Transportation/Trucking. The company fleet includes a mixed variety of heavy-weight cargo carriers, along with a diversified portfolio of transportation services that includes high-capacity trucks and trailers. Its logistics portfolio includes freight management, cargo brokerage, and intermodal. The commodities mainly transported are retail store merchandise, two-wheeler motorcycles, consumer products, fast-moving consumer goods, other manufactured products, and grocery products.

MFL India (BOM:526622) Headlines

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