Gillanders Arbuthnot (NSE:GILLANDERS) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

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What is Gillanders Arbuthnot 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. Gillanders Arbuthnot's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

Gillanders Arbuthnot's long-term debt to total assets ratio increased from Mar. 2023 (0.05) to Mar. 2024 (0.06). It may suggest that Gillanders Arbuthnot is progressively becoming more dependent on debt to grow their business.

Gillanders Arbuthnot LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gillanders Arbuthnot'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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Gillanders Arbuthnot LT-Debt-to-Total-Asset Chart

Gillanders Arbuthnot Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.12

0.10

0.05

0.06

Gillanders Arbuthnot 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															0.05	-	0.06	-	0.06

Gillanders Arbuthnot LT-Debt-to-Total-Asset Calculation

Gillanders Arbuthnot'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 )
	=	298.02	/	4768.818
	=	0.06

Gillanders Arbuthnot'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 )
	=	298.02	/	4768.818
	=	0.06

Gillanders Arbuthnot (NSE:GILLANDERS) 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.

Gillanders Arbuthnot LT-Debt-to-Total-Asset Related Terms

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Gillanders Arbuthnot (NSE:GILLANDERS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Gillanders Arbuthnot & Co Ltd (NSE:GILLANDERS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

532716:India

Address

Netaji Subhas Road, C-4, Gillander House, 4th Floor, Kolkata, WB, IND, 700001

Website

https://www.gillandersarbuthnot.com

Gillanders Arbuthnot & Co Ltd is engaged in the manufacturing and sale of textiles including yarn and fabric. It also cultivates, manufactures, and sells tea and is also engaged in specialized construction activities. Its segments are Textile, Tea, Engineering, and Property segment.

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