KCK Industries (NSE:KCK) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2023)

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What is KCK Industries 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. KCK Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.20.

KCK Industries's long-term debt to total assets ratio increased from Mar. 2022 (0.13) to Mar. 2023 (0.20). It may suggest that KCK Industries is progressively becoming more dependent on debt to grow their business.

KCK Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for KCK Industries'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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KCK Industries LT-Debt-to-Total-Asset Chart

KCK Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.18

0.13

0.20

KCK Industries Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.18	-	0.13	-	0.20

KCK Industries LT-Debt-to-Total-Asset Calculation

KCK Industries'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 )
	=	121.077	/	619.66
	=	0.20

KCK Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	121.077	/	619.66
	=	0.20

KCK Industries (NSE:KCK) 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.

KCK Industries LT-Debt-to-Total-Asset Related Terms

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KCK Industries (NSE:KCK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » KCK Industries Ltd (NSE:KCK) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Village Khokhar Kalan, Lehragaga, District Sangrur, Sangrur, PB, IND, 148031

Website

https://www.kckindustriesltd.com

KCK Industries Ltd is engaged in the business of trading and distribution of high-quality combed and carded cotton yarns in single and multifold and knitted fabrics. Its trading business also includes trading and distribution of high-quality chemicals and dyes for the textiles industry, leather, and paper industries. It also deals in Construction Chemicals. It supplies a diverse product portfolio in the chemicals and dyes segment. Its segments include the Trading segment and the Manufacturing / Processing Segment. It derives the majority of the revenue from Manufacturing / Processing Segment that engages in processing the non-basmati and basmati rice.

KCK Industries (NSE:KCK) Headlines

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