Nagreeka Exports (BOM:521109) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Nagreeka Exports 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. Nagreeka Exports's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Nagreeka Exports's long-term debt to total assets ratio declined from Mar. 2023 (0.17) to Mar. 2024 (0.09). It may suggest that Nagreeka Exports is progressively becoming less dependent on debt to grow their business.

Nagreeka Exports LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nagreeka Exports'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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Nagreeka Exports LT-Debt-to-Total-Asset Chart

Nagreeka Exports Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.03

0.11

0.13

0.17

0.09

Nagreeka Exports 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															0.17	-	0.16	-	0.09

Nagreeka Exports LT-Debt-to-Total-Asset Calculation

Nagreeka Exports'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 )
	=	294.532	/	3470.448
	=	0.08

Nagreeka Exports'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 )
	=	294.532	/	3470.448
	=	0.08

Nagreeka Exports (BOM:521109) 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.

Nagreeka Exports LT-Debt-to-Total-Asset Related Terms

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Nagreeka Exports (BOM:521109) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nagreeka Exports Ltd (BOM:521109) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

NAGREEKEXP:India

Address

3, Mathew Road, 7, Kala Bhavan, Opera House, Mumbai, MH, IND, 400004

Website

https://www.nagreeka.com

Nagreeka Exports Ltd is a manufacturer of yarns, textiles, cotton, and other products. It operates in a single segment that is the Textile business. The company manufactures Dyed Yarn, Cotton Yarn, Knitted Fabric, Bleached Cotton, Fine Cotton, and Cloth. Geographically, it generates the majority of the revenue from outside India.

Nagreeka Exports (BOM:521109) Headlines

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