Niyogin Fintech (BOM:538772) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Niyogin Fintech 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. Niyogin Fintech's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

Niyogin Fintech's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.12). It may suggest that Niyogin Fintech is progressively becoming more dependent on debt to grow their business.

Niyogin Fintech LT-Debt-to-Total-Asset Historical Data

The historical data trend for Niyogin Fintech'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.

Niyogin Fintech LT-Debt-to-Total-Asset Chart

Niyogin Fintech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.12

Niyogin Fintech 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															-	-	0.02	-	0.12

Niyogin Fintech LT-Debt-to-Total-Asset Calculation

Niyogin Fintech'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 )
	=	539.191	/	4520.636
	=	0.12

Niyogin Fintech'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 )
	=	539.191	/	4520.636
	=	0.12

Niyogin Fintech (BOM:538772) 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.

Niyogin Fintech LT-Debt-to-Total-Asset Related Terms

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

Niyogin Fintech (BOM:538772) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Niyogin Fintech Ltd (BOM:538772) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kirol Road, 311/312, 3rd Floor, Neelkanth Corporate IT Park, Vidyavihar (West), Mumbai, MH, IND, 400086

Website

https://www.niyogin.com

Niyogin Fintech Ltd is an Indian non-banking finance company. It is engaged in providing lending facilities and credit services to small and medium business. Geographically, it operates only in India. The company generates its revenue in the form of interest income, processing fees, Bounce charges, and other finance charges.

Niyogin Fintech (BOM:538772) Headlines

No Headlines