Chase Bright Steel (BOM:504671) Debt-to-Asset : 5.09 (As of Mar. 2024)

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What is Chase Bright Steel Debt-to-Asset?

Chase Bright Steel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹31.48 Mil. Chase Bright Steel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹13.97 Mil. Chase Bright Steel's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹8.92 Mil. Chase Bright Steel's debt to asset for the quarter that ended in Mar. 2024 was 5.09.

Chase Bright Steel Debt-to-Asset Historical Data

The historical data trend for Chase Bright Steel'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.

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Chase Bright Steel Debt-to-Asset Chart

Chase Bright Steel Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.17

0.38

0.54

2.01

5.09

Chase Bright Steel Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															2.01	-	3.30	-	5.09

Competitive Comparison of Chase Bright Steel's Debt-to-Asset

For the Steel subindustry, Chase Bright Steel'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.

Chase Bright Steel's Debt-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Chase Bright Steel's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Chase Bright Steel's Debt-to-Asset falls into.

Chase Bright Steel Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Chase Bright Steel'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
	=	(31.476	+	13.97)	/	8.922
	=	5.09

Chase Bright Steel's Debt-to-Asset for the quarter 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
	=	(31.476	+	13.97)	/	8.922
	=	5.09

Chase Bright Steel (BOM:504671) 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.

Chase Bright Steel Debt-to-Asset Related Terms

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Chase Bright Steel (BOM:504671) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chase Bright Steel Ltd (BOM:504671) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

R-237, TTC Industrial Area, MIDC, Rabale, Navi Mumbai, MH, IND, 400701

Website

http://www.chasebright.com

Chase Bright Steel Ltd is a manufacturer of cold finished bright steel bars for the Indian and international markets. The company's product offerings include mild steel, alloy steel and stainless steel. The company has a single operating segment namely Bright Bars.

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