National Highways Infra Trust (BOM:543385) LT-Debt-to-Total-Asset : 0.28 (As of Sep. 2023)

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What is National Highways Infra Trust 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. National Highways Infra Trust's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.28.

National Highways Infra Trust's long-term debt to total assets ratio increased from Sep. 2022 (0.19) to Sep. 2023 (0.28). It may suggest that National Highways Infra Trust is progressively becoming more dependent on debt to grow their business.

National Highways Infra Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for National Highways Infra Trust'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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National Highways Infra Trust LT-Debt-to-Total-Asset Chart

National Highways Infra Trust Annual Data

Trend

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.19

0.28

National Highways Infra Trust Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.19	0.28	0.28	0.28	0.28

National Highways Infra Trust LT-Debt-to-Total-Asset Calculation

National Highways Infra Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	29215.833	/	104915.52
	=	0.28

National Highways Infra Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	29519.264	/	104822.568
	=	0.28

National Highways Infra Trust (BOM:543385) 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.

National Highways Infra Trust LT-Debt-to-Total-Asset Related Terms

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National Highways Infra Trust (BOM:543385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » National Highways Infra Trust (BOM:543385) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

IVNHIT:India

Address

G 5&6, Sector-10, Dwarka, New Delhi, IND, 110 075

Website

https://www.nhaiinvit.in

National Highways Infra Trust is an infrastructure investment trust established for making investments in special purpose vehicles.

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