Poddar Housing and Development (NSE:PODDARHOUS) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Poddar Housing and 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. Poddar Housing and Development's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Poddar Housing and Development's long-term debt to total assets ratio declined from Sep. 2022 (0.51) to Dec. 2023 (0.00). It may suggest that Poddar Housing and Development is progressively becoming less dependent on debt to grow their business.

Poddar Housing and Development LT-Debt-to-Total-Asset Historical Data

The historical data trend for Poddar Housing and 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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Poddar Housing and Development LT-Debt-to-Total-Asset Chart

Poddar Housing and Development Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.38

0.39

0.35

0.47

0.36

Poddar Housing and Development Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.51	-	0.36	-	-

Poddar Housing and Development LT-Debt-to-Total-Asset Calculation

Poddar Housing and Development'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 )
	=	2688.894	/	7544.523
	=	0.36

Poddar Housing and Development's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0	/	0
	=

Poddar Housing and Development (NSE:PODDARHOUS) 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.

Poddar Housing and Development LT-Debt-to-Total-Asset Related Terms

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Poddar Housing and Development (NSE:PODDARHOUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Poddar Housing and Development Ltd (NSE:PODDARHOUS) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

523628:India

Address

126, N.M. Joshi Marg, Poddar Group Building, Unit Number 3 and 5, Neeru Silk Mills, Mathuradas Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

http://www.poddarhousing.com

Poddar Housing and Development Ltd is engaged in the real estate business. It is involved in the construction, development and sale of the real estate segment. The company operates under various brands that are Poddar Svakam, Poddar Anantah, and Poddar Spraha. The sale of properties generate maximum revenue for the company. Its project consists of Samruddhi Evergreens, Samruddhi Complex, Poddar Svakam Vihar, and others. The company operates in the Indian region.

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