Cineline India (BOM:532807) LT-Debt-to-Total-Asset : 0.58 (As of Mar. 2024)

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What is Cineline 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. Cineline India's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.58.

Cineline India's long-term debt to total assets ratio increased from Mar. 2023 (0.55) to Mar. 2024 (0.58). It may suggest that Cineline India is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Cineline 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.

Cineline India LT-Debt-to-Total-Asset Chart

Cineline India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.52

0.66

0.68

0.55

0.58

Cineline 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															0.55	-	0.53	-	0.58

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

Cineline 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 )
	=	3323.572	/	5773.793
	=	0.58

Cineline 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 )
	=	3323.572	/	5773.793
	=	0.58

Cineline India (BOM:532807) 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.

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

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Cineline India (BOM:532807) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cineline India Ltd (BOM:532807) » Definitions » LT-Debt-to-Total-Asset

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CINELINE:India

Address

Subhash Road, 2nd Floor, A & B wing, Vilco Centre, Opposite Garware, Vile Parle (East), Mumbai, MH, IND, 400057

Website

https://www.moviemax.co.in

Cineline India Ltd is engaged in real estate activities with owned or leased property. The business activity of the group comprises of construction of malls for sale and lease to third parties and is also involved in the maintenance, parking, advertising, and organizing various exhibitions/events at the mall premises.

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