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Lakshmi Mills Co (BOM:502958) Debt-to-Asset : 0.11 (As of Sep. 2024)


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What is Lakshmi Mills Co Debt-to-Asset?

Lakshmi Mills Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹703 Mil. Lakshmi Mills Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹670 Mil. Lakshmi Mills Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ₹12,914 Mil. Lakshmi Mills Co's debt to asset for the quarter that ended in Sep. 2024 was 0.11.


Lakshmi Mills Co Debt-to-Asset Historical Data

The historical data trend for Lakshmi Mills Co's Debt-to-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.

Lakshmi Mills Co Debt-to-Asset Chart

Lakshmi Mills Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.14 0.11 0.13 0.13

Lakshmi Mills Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.13 - 0.11

Competitive Comparison of Lakshmi Mills Co's Debt-to-Asset

For the Textile Manufacturing subindustry, Lakshmi Mills Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lakshmi Mills Co's Debt-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lakshmi Mills Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Lakshmi Mills Co's Debt-to-Asset falls into.



Lakshmi Mills Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Lakshmi Mills Co's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(661.987 + 738.639) / 11168.569
=0.13

Lakshmi Mills Co's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(702.599 + 669.987) / 12914.469
=0.11

* 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.


Lakshmi Mills Co  (BOM:502958) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Lakshmi Mills Co Debt-to-Asset Related Terms

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Lakshmi Mills Co Business Description

Traded in Other Exchanges
N/A
Address
686, Avanashi Road, Post Box No. 6301, Pappanaickenpalayam, Coimbatore, TN, IND, 641 037
Lakshmi Mills Co Ltd is engaged in the manufacturing and trading of yarn. The company's operating segment includes Textiles and Rental services. It generates maximum revenue from the Textiles segment. Textiles segment consist of manufacturing and sale of yarn and trading in cloth and garments. It's Rental Services segment consist of letting out of properties. Geographically, it derives a majority of revenue from India.

Lakshmi Mills Co Headlines

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