Vaswani Industries (BOM:533576) Debt-to-Asset : 0.17 (As of Mar. 2024)

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What is Vaswani Industries Debt-to-Asset?

Vaswani Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹182 Mil. Vaswani Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹147 Mil. Vaswani Industries's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹1,888 Mil. Vaswani Industries's debt to asset for the quarter that ended in Mar. 2024 was 0.17.

Vaswani Industries Debt-to-Asset Historical Data

The historical data trend for Vaswani 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.

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Vaswani Industries Debt-to-Asset Chart

Vaswani Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.27

0.21

0.24

0.18

0.17

Vaswani Industries 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															0.18	-	0.23	-	0.17

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

For the Steel subindustry, Vaswani 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.

Vaswani Industries's Debt-to-Asset Distribution in the Steel Industry

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

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

Vaswani Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Vaswani 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
	=	(181.54	+	147.246)	/	1888.169
	=	0.17

Vaswani 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
	=	(181.54	+	147.246)	/	1888.169
	=	0.17

Vaswani Industries (BOM:533576) 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.

Vaswani Industries Debt-to-Asset Related Terms

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Vaswani Industries (BOM:533576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vaswani Industries Ltd (BOM:533576) » Definitions » Debt-to-Asset

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VASWANI:India

Address

Bahesar Road, Near cycle Park, Village Sondra, Phase II, Industrial Area, Siltara, Raipur, CT, IND, 493 221

Website

http://www.vaswaniindustries.com

Vaswani Industries Ltd is engaged in the business of manufacturing and trading of Sponge Iron, Steel Billets, HB Wires, Iron Ore Pellets and generation of Power. Its business segments are Iron and steel; Power; Real estate and Agri division, of which key revenue is derived from the Iron and Steel segment. The company sells its products within India.

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