NLC India (BOM:513683) LT-Debt-to-Total-Asset : 0.35 (As of Mar. 2024)

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What is NLC 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. NLC India's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.35.

NLC India's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Mar. 2024 (0.35). It may suggest that NLC India is progressively becoming more dependent on debt to grow their business.

NLC India LT-Debt-to-Total-Asset Historical Data

The historical data trend for NLC 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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NLC India LT-Debt-to-Total-Asset Chart

NLC India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.36

0.38

0.35

NLC India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.35	0.36	-	0.35

NLC India LT-Debt-to-Total-Asset Calculation

NLC 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 )
	=	192594.4	/	549418.1
	=	0.35

NLC 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 )
	=	192594.4	/	549418.1
	=	0.35

NLC India (BOM:513683) 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.

NLC India LT-Debt-to-Total-Asset Related Terms

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NLC India (BOM:513683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NLC India Ltd (BOM:513683) » Definitions » LT-Debt-to-Total-Asset

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NLCINDIA:India

Address

Block - 1, Neyveli, Neyveli, Cuddalore, TN, IND, 607801

Website

https://www.nlcindia.in

NLC India Ltd is an energy company. The company has two reportable segments namely the Mining segment which is engaged in the mining of lignite and the Power generation segment which is engaged in the generation and sale of power utilities across the country. The power is generated from Thermal Power Stations and renewable energy sources such as wind and solar. It generates maximum revenue from the Power generation segment. It also engaged in providing consultancy and management services relating to mining and power generation.

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