Dhruv Consultancy Services (NSE:DHRUV) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

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What is Dhruv Consultancy Services 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. Dhruv Consultancy Services's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

Dhruv Consultancy Services's long-term debt to total assets ratio declined from Mar. 2023 (0.07) to Mar. 2024 (0.05). It may suggest that Dhruv Consultancy Services is progressively becoming less dependent on debt to grow their business.

Dhruv Consultancy Services LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dhruv Consultancy Services'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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Dhruv Consultancy Services LT-Debt-to-Total-Asset Chart

Dhruv Consultancy Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.01

0.02

0.07

0.05

Dhruv Consultancy Services Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	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															0.07	-	0.06	-	0.05

Dhruv Consultancy Services LT-Debt-to-Total-Asset Calculation

Dhruv Consultancy Services'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 )
	=	52.795	/	1145.728
	=	0.05

Dhruv Consultancy Services'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 )
	=	52.795	/	1145.728
	=	0.05

Dhruv Consultancy Services (NSE:DHRUV) 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.

Dhruv Consultancy Services LT-Debt-to-Total-Asset Related Terms

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Dhruv Consultancy Services (NSE:DHRUV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dhruv Consultancy Services Ltd (NSE:DHRUV) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

541302:India

Address

501, Pujit Plaza, Palm Beach Road, Sector - 11, Opposite K-Star Hotel, Near CBD Station, CBD Belapur, Navi Mumbai, MH, IND, 400614

Website

https://www.dhruvconsultancy.in

Dhruv Consultancy Services Ltd is an infrastructure consultancy company providing design, engineering, procurement, construction and integrated project management services for Highways, Bridges, Tunnels, Architectural, Environmental Engineering and Ports. Its services includes Preparation of DPR and feasibility studies for infrastructure projects, Operations & Maintenance Works, Project Management Consultancy Services, Independent Consultancy ,Project Planning, Designing, Estimation, Traffic and Transportation Engineering, Financial Analysis, Technical audits, Structural Audit, Inspection of bridges and Techno Legal Services.

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