Akshar Spintex (NSE:AKSHAR) Debt-to-Asset : 0.26 (As of Mar. 2024)

Akshar Spintex Debt-to-Asset Chart

Akshar Spintex Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Debt-to-Asset		Get a 7-Day Free Trial					0.38	0.34	0.28	0.23	0.26

Akshar Spintex Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.23	-	0.23	-	0.26

Competitive Comparison of Akshar Spintex's Debt-to-Asset

For the Textile Manufacturing subindustry, Akshar Spintex'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.

Akshar Spintex's Debt-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Akshar Spintex Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Akshar Spintex's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Akshar Spintex's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

* 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.

Akshar Spintex  (NSE:AKSHAR) 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.

Akshar Spintex Debt-to-Asset Related Terms

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

Akshar Spintex (NSE:AKSHAR) Business Description