IFL Enterprises (BOM:540377) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is IFL Enterprises 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. IFL Enterprises's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

IFL Enterprises's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.01). It may suggest that IFL Enterprises is progressively becoming more dependent on debt to grow their business.

IFL Enterprises LT-Debt-to-Total-Asset Historical Data

The historical data trend for IFL Enterprises'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.

IFL Enterprises LT-Debt-to-Total-Asset Chart

IFL Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

IFL Enterprises Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.01	-	0.01

IFL Enterprises LT-Debt-to-Total-Asset Calculation

IFL Enterprises'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 )
	=	2.591	/	289.01
	=	0.01

IFL Enterprises'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 )
	=	2.591	/	289.01
	=	0.01

IFL Enterprises (BOM:540377) 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.

IFL Enterprises LT-Debt-to-Total-Asset Related Terms

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

IFL Enterprises (BOM:540377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » IFL Enterprises Ltd (BOM:540377) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Prahladnagar Trade Center Radio Mirchi Roa, A-607, Vejalpur, Ahmedabad, IND, 380015

Website

https://www.iflenterprises.com

IFL Enterprises Ltd is engaged in the trading of textile products. The products include fabrics, such as Cotton fabric, Grey cloth, Cotton twill and other fabric materials. The company derives all of its revenue from sale of materials.

IFL Enterprises (BOM:540377) Headlines

No Headlines