Sturdy Industries (BOM:530611) Debt-to-Asset : 1.62 (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Sturdy Industries Debt-to-Asset?

Sturdy Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,764.20 Mil. Sturdy Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Sturdy Industries's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹1,088.70 Mil. Sturdy Industries's debt to asset for the quarter that ended in Mar. 2024 was 1.62.

Sturdy Industries Debt-to-Asset Historical Data

The historical data trend for Sturdy Industries'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.

Sturdy Industries Debt-to-Asset Chart

Sturdy Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

Get a 7-Day Free Trial

1.04

1.29

1.54

1.65

1.62

Sturdy Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															-	1.65	-	-	1.62

Competitive Comparison of Sturdy Industries's Debt-to-Asset

For the Aluminum subindustry, Sturdy Industries'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.

Sturdy Industries's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sturdy Industries's Debt-to-Asset distribution charts can be found below:

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

Sturdy Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sturdy Industries'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
	=	(1764.2	+	0)	/	1088.7
	=	1.62

Sturdy Industries'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
	=	(1764.2	+	0)	/	1088.7
	=	1.62

Sturdy Industries (BOM:530611) 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.

Sturdy Industries Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Sturdy Industries's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Sturdy Industries (BOM:530611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sturdy Industries Ltd (BOM:530611) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

Plot Number 45, Sector 1, Solan, Parwanoo, HP, IND, 173220

Website

http://www.sturdyindustries.com

Sturdy Industries Ltd is an India based company engaged in the manufacture and trade of aluminum panels and pipe fittings. The company's operating segment includes Plastic Pipes and Fitting; Aluminum; and Trading. It generates maximum revenue from the Aluminum segment. The company's product categories include Aluminium Panel; Sprinkler Irrigation; Drip Irrigation; Wire Rods; Bare Aluminium Electrical Conductors; and Aerial Bunched Cables.

Sturdy Industries (BOM:530611) Headlines

No Headlines