Premier Explosives (BOM:526247) Debt-to-Asset : 0.14 (As of Mar. 2024)

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What is Premier Explosives Debt-to-Asset?

Premier Explosives's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹490 Mil. Premier Explosives's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹125 Mil. Premier Explosives's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹4,419 Mil. Premier Explosives's debt to asset for the quarter that ended in Mar. 2024 was 0.14.

Premier Explosives Debt-to-Asset Historical Data

The historical data trend for Premier Explosives'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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Premier Explosives Debt-to-Asset Chart

Premier Explosives Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.19

0.20

0.24

0.23

0.14

Premier Explosives 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															0.23	-	0.13	-	0.14

Competitive Comparison of Premier Explosives's Debt-to-Asset

For the Specialty Chemicals subindustry, Premier Explosives'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.

Premier Explosives's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Premier Explosives's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Premier Explosives's Debt-to-Asset falls into.

Premier Explosives Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Premier Explosives'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
	=	(489.542	+	125)	/	4419.288
	=	0.14

Premier Explosives'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
	=	(489.542	+	125)	/	4419.288
	=	0.14

Premier Explosives (BOM:526247) 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.

Premier Explosives Debt-to-Asset Related Terms

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Premier Explosives Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Premier Explosives Ltd (BOM:526247) » Definitions » Debt-to-Asset

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PREMEXPLN:India

Address

Ishaq Colony, Premier House, 11, Near AOC Centre, Secunderabad, TG, IND, 500 015

Website

https://www.pelgel.com

Premier Explosives Ltd is an engaged in the business of high energy materials including commercial explosives and defence explosives which are used in mining and infrastructure sectors and also manufacture of missiles and other defence items. The company also operates and maintains solid propellant plants of defence and space establishments. Its products include bulk explosives, packaged explosives detonators, solid propellants, and pyrogen igniters among others. Geographically, it has operations within India and outside India. The company generates the majority of its sales from India.

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