Bajaj Hindusthan Sugar (BOM:500032) LT-Debt-to-Total-Asset : 0.22 (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Bajaj Hindusthan Sugar 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. Bajaj Hindusthan Sugar's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.22.

Bajaj Hindusthan Sugar's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Mar. 2024 (0.22). It may suggest that Bajaj Hindusthan Sugar is progressively becoming more dependent on debt to grow their business.

Bajaj Hindusthan Sugar LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bajaj Hindusthan Sugar'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.

Bajaj Hindusthan Sugar LT-Debt-to-Total-Asset Chart

Bajaj Hindusthan Sugar Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.38

0.37

0.33

0.24

0.22

Bajaj Hindusthan Sugar Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.24	0.25	-	0.22

Bajaj Hindusthan Sugar LT-Debt-to-Total-Asset Calculation

Bajaj Hindusthan Sugar'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 )
	=	35532.1	/	159061.1
	=	0.22

Bajaj Hindusthan Sugar'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 )
	=	35532.1	/	159061.1
	=	0.22

Bajaj Hindusthan Sugar (BOM:500032) 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.

Bajaj Hindusthan Sugar LT-Debt-to-Total-Asset Related Terms

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

Bajaj Hindusthan Sugar (BOM:500032) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bajaj Hindusthan Sugar Ltd (BOM:500032) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BAJAJHIND:India

Address

Jamnalal Bajaj Marg, Bajaj Bhawan, B-10, Sector 3, Delhi, IND, 201 301

Website

https://www.bajajhindusthan.com

Bajaj Hindusthan Sugar Ltd is an India-based sugar and ethanol manufacturing company. The operating segments of the company are Sugar, Distillery, Power, and Others. It generates maximum revenue from the Sugar segment. The by-products obtained during the sugar manufacturing process are Molasses, Bagasse, Fly ash, and Press Mud.

Bajaj Hindusthan Sugar (BOM:500032) Headlines

No Headlines