Housing & Urban Development (NSE:HUDCO) LT-Debt-to-Total-Asset : 0.79 (As of Mar. 2024)

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What is Housing & Urban Development 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. Housing & Urban Development's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.79.

Housing & Urban Development's long-term debt to total assets ratio increased from Mar. 2023 (0.78) to Mar. 2024 (0.79). It may suggest that Housing & Urban Development is progressively becoming more dependent on debt to grow their business.

Housing & Urban Development LT-Debt-to-Total-Asset Historical Data

The historical data trend for Housing & Urban Development'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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Housing & Urban Development LT-Debt-to-Total-Asset Chart

Housing & Urban Development Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.81

0.79

0.78

0.79

Housing & Urban Development 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															0.78	-	0.77	-	0.79

Housing & Urban Development LT-Debt-to-Total-Asset Calculation

Housing & Urban Development'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 )
	=	739958.6	/	934223.4
	=	0.79

Housing & Urban Development'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 )
	=	739958.6	/	934223.4
	=	0.79

Housing & Urban Development (NSE:HUDCO) 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.

Housing & Urban Development LT-Debt-to-Total-Asset Related Terms

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Housing & Urban Development (NSE:HUDCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Housing & Urban Development Corp Ltd (NSE:HUDCO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

540530:India

Address

India Habitat Centre, Lodhi Road, HUDCO Bhawan, Core-7-A, New Delhi, IND, 110 003

Website

https://www.hudco.org

Housing & Urban Development Corp Ltd is engaged in providing long-term finance for the construction of houses for residential purposes or finances or undertaking housing and urban infrastructure development programs. The company provides loans for projects like water supply, roads and transport, power, social infrastructure, sewerage, drainage, solid waste management, and others.

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