Appollo Ispat Complex (DHA:APOLOISPAT) LT-Debt-to-Total-Asset : 0.11 (As of Mar. 2019)

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What is Appollo Ispat Complex 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. Appollo Ispat Complex's long-term debt to total assests ratio for the quarter that ended in Mar. 2019 was 0.11.

Appollo Ispat Complex's long-term debt to total assets ratio increased from Mar. 2018 (0.06) to Mar. 2019 (0.11). It may suggest that Appollo Ispat Complex is progressively becoming more dependent on debt to grow their business.

Appollo Ispat Complex LT-Debt-to-Total-Asset Historical Data

The historical data trend for Appollo Ispat Complex'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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Appollo Ispat Complex LT-Debt-to-Total-Asset Chart

Appollo Ispat Complex Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

LT-Debt-to-Total-Asset

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0.14

0.12

0.10

0.08

0.05

Appollo Ispat Complex Quarterly Data
	Mar14	Jun14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.05	0.05	0.06	0.11

Appollo Ispat Complex LT-Debt-to-Total-Asset Calculation

Appollo Ispat Complex's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2018 is calculated as

LT Debt to Total Assets (A: Jun. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2018 )	/	Total Assets (A: Jun. 2018 )
	=	706.129	/	12992.376
	=	0.05

Appollo Ispat Complex's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2019 is calculated as

LT Debt to Total Assets (Q: Mar. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2019 )	/	Total Assets (Q: Mar. 2019 )
	=	1400.226	/	12928.795
	=	0.11

Appollo Ispat Complex (DHA:APOLOISPAT) 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.

Appollo Ispat Complex LT-Debt-to-Total-Asset Related Terms

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Appollo Ispat Complex (DHA:APOLOISPAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Appollo Ispat Complex Ltd (DHA:APOLOISPAT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

407, Tejgaon Industrial Area, 4th Floor, Phoenix Tower, Dhaka, BGD, 1208

Website

http://www.appollo-ispat.com

Appollo Ispat Complex Ltd manufactures and sells corrugated iron sheets in Bangladesh and internationally. It offers cold rolled coils; iron or steel galvanized sheets/coils; and ridges. The company's products are used for roofing of new factories, warehouses, and sheds in industrial applications; roofing cow sheds, the roofing and side fencing of poultry farms, and the fencing of agricultural projects; and roofing small shops, shutter as well as for fencing around the construction area.

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