Kundan Edifice (NSE:KEL) Debt-to-Asset : 0.49 (As of Mar. 2023)

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What is Kundan Edifice Debt-to-Asset?

Kundan Edifice's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹90.4 Mil. Kundan Edifice's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹54.6 Mil. Kundan Edifice's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2023 was ₹296.6 Mil. Kundan Edifice's debt to asset for the quarter that ended in Mar. 2023 was 0.49.

Kundan Edifice Debt-to-Asset Historical Data

The historical data trend for Kundan Edifice'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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Kundan Edifice Debt-to-Asset Chart

Kundan Edifice Annual Data

Trend

Mar21

Mar22

Debt-to-Asset

0.62

0.47

Kundan Edifice Semi-Annual Data
	Mar21	Mar22	Mar23
Debt-to-Asset	0.62	0.47	0.49

Competitive Comparison of Kundan Edifice's Debt-to-Asset

For the Electronic Components subindustry, Kundan Edifice'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.

Kundan Edifice's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kundan Edifice's Debt-to-Asset distribution charts can be found below:

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

Kundan Edifice Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Kundan Edifice's Debt-to-Asset for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(41.245	+	49.257)	/	192.814
	=	0.47

Kundan Edifice's Debt-to-Asset for the quarter that ended in Mar. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(90.432	+	54.629)	/	296.584
	=	0.49

Kundan Edifice (NSE:KEL) 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.

Kundan Edifice Debt-to-Asset Related Terms

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Kundan Edifice (NSE:KEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kundan Edifice Ltd (NSE:KEL) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gala A/ B, Ganesh Industrial Estate, behind Burma Shell Petrol Pump, Vasai East, Palghar, MH, IND, 401208

Website

https://www.kundanedifice.com

Kundan Edifice Ltd is a Company engaged in manufacturing, assembly and sale of light emitting diode (LED) strip lights. They provide lighting solutions to some of the key electrical and electronic manufacturing brands in India. The Company has one reportable segment which is business of Manufacture & Selling LED Strip Lights.

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