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Ice Make Refrigeration (NSE:ICEMAKE) Debt-to-Asset : 0.29 (As of Sep. 2024)


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What is Ice Make Refrigeration Debt-to-Asset?

Ice Make Refrigeration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹333 Mil. Ice Make Refrigeration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹481 Mil. Ice Make Refrigeration's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ₹2,843 Mil. Ice Make Refrigeration's debt to asset for the quarter that ended in Sep. 2024 was 0.29.


Ice Make Refrigeration Debt-to-Asset Historical Data

The historical data trend for Ice Make Refrigeration'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.

Ice Make Refrigeration Debt-to-Asset Chart

Ice Make Refrigeration 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 0.16 0.09 0.09 0.03 0.13

Ice Make Refrigeration Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.15 - 0.13 - 0.29

Competitive Comparison of Ice Make Refrigeration's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Ice Make Refrigeration'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.


Ice Make Refrigeration's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ice Make Refrigeration's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Ice Make Refrigeration's Debt-to-Asset falls into.



Ice Make Refrigeration Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ice Make Refrigeration'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
=(21.253 + 251.239) / 2113.798
=0.13

Ice Make Refrigeration's Debt-to-Asset for the quarter that ended in Sep. 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
=(332.92 + 480.888) / 2842.976
=0.29

* 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.


Ice Make Refrigeration  (NSE:ICEMAKE) 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.


Ice Make Refrigeration Debt-to-Asset Related Terms

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Ice Make Refrigeration Business Description

Traded in Other Exchanges
N/A
Address
226, Gota-Vadsar Road, Dantali Industrial Estate, Taluka Kalol, Dantali, Near Ahmedabad City, Gandhinagar, GJ, IND, 382721
Ice Make Refrigeration Ltd is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The company's only operating segment being the Manufacturing of Cold Rooms, Freezer, Refrigeration Systems, and chilling Plant. It serves dairy, ice cream, food processing, agriculture, pharmaceuticals, cold chain, logistics, hospitals, hospitality, retail, and other industries. Its product offering includes Bulk Milk Chiller, Curd Incubation Chamber, Glass Door Display Chiller, Mortuary Chamber, Refrigerated Container, and other related products.

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