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Sambandam Spinning Mills (BOM:521240) Debt-to-Asset : 0.44 (As of Mar. 2024)


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What is Sambandam Spinning Mills Debt-to-Asset?

Sambandam Spinning Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹737 Mil. Sambandam Spinning Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹435 Mil. Sambandam Spinning Mills's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹2,683 Mil. Sambandam Spinning Mills's debt to asset for the quarter that ended in Mar. 2024 was 0.44.


Sambandam Spinning Mills Debt-to-Asset Historical Data

The historical data trend for Sambandam Spinning Mills'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.

Sambandam Spinning Mills Debt-to-Asset Chart

Sambandam Spinning Mills 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 0.38 0.37 0.42 0.48 0.44

Sambandam Spinning Mills 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 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 0.48 - 0.46 - 0.44

Competitive Comparison of Sambandam Spinning Mills's Debt-to-Asset

For the Textile Manufacturing subindustry, Sambandam Spinning Mills'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.


Sambandam Spinning Mills's Debt-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Sambandam Spinning Mills Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sambandam Spinning Mills'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
=(737.031 + 434.694) / 2683.237
=0.44

Sambandam Spinning Mills'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
=(737.031 + 434.694) / 2683.237
=0.44

* 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.


Sambandam Spinning Mills  (BOM:521240) 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.


Sambandam Spinning Mills Debt-to-Asset Related Terms

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Sambandam Spinning Mills (BOM:521240) Business Description

Traded in Other Exchanges
N/A
Address
Kamaraj Nagar Colony, Mill Premises, Salem, TN, IND, 636 014
Sambandam Spinning Mills Ltd is engaged in the manufacturing and distribution of cotton yarn and other related services. The company's product portfolio includes products like 100% cotton, Sustainable Yarns, Cellulosic Yarns, Sollucell Air yarns, Melange, R-Elan, and Core Spun Yarns. The company earns the majority of its revenue comes from the Indian market.

Sambandam Spinning Mills (BOM:521240) Headlines

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