GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » TBO Tek Ltd (NSE:TBOTEK) » Definitions » LT-Debt-to-Total-Asset

TBO Tek (NSE:TBOTEK) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is TBO Tek 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. TBO Tek's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

TBO Tek's long-term debt to total assets ratio declined from Mar. 2023 (0.03) to Jun. 2024 (0.00). It may suggest that TBO Tek is progressively becoming less dependent on debt to grow their business.

TBO Tek LT-Debt-to-Total-Asset Historical Data

The historical data trend for TBO Tek'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.

* Premium members only.

TBO Tek LT-Debt-to-Total-Asset Chart

TBO Tek Annual Data
Trend Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
0.01 0.05 0.03 0.04

TBO Tek Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.03 - 0.02 0.04 -

TBO Tek LT-Debt-to-Total-Asset Calculation

TBO Tek'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 )
=1989.24/48574.29
=0.04

TBO Tek's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=0/0
=

* 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.

TBO Tek  (NSE:TBOTEK) 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.

TBO Tek LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of TBO Tek's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

TBO Tek Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » TBO Tek Ltd (NSE:TBOTEK) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
Traded in Other Exchanges
544174:India
Address
Udyog Vihar Phase- V, Plot No. 728, Gurgaon, HR, IND, 122016
Website
https://www.tbo.com
TBO Tek Ltd is a travel distribution platform. It is engaged in the business of operating an online technology platform (TBO Portal) providing its customers access to book global travel inventory aggregated through travel suppliers like airlines, hotels, cruises, car rentals, transfers, and rail services among others. Its customers include retail and API buyers such as travel agencies, independent travel advisors, and enterprise buyers including tour operators, travel management companies, online travel companies, super-apps, and loyalty apps. The company's business activities fall within two primary business segments; Air ticketing which generates maximum revenue, and Hotels and packages. Geographically, it derives maximum revenue from India and also has its presence outside India.

TBO Tek Headlines

No Headlines