Kritika Wires (NSE:KRITIKA) Debt-to-Asset : 0.26 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Kritika Wires Debt-to-Asset?

Kritika Wires's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹401 Mil. Kritika Wires's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Kritika Wires's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹1,525 Mil. Kritika Wires's debt to asset for the quarter that ended in Mar. 2024 was 0.26.

Kritika Wires Debt-to-Asset Historical Data

The historical data trend for Kritika Wires'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.

Kritika Wires Debt-to-Asset Chart

Kritika Wires Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

Get a 7-Day Free Trial

0.24

0.25

0.17

0.19

0.26

Kritika Wires Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial												0.17	-	0.19	0.29	0.26

Competitive Comparison of Kritika Wires's Debt-to-Asset

For the Steel subindustry, Kritika Wires'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.

Kritika Wires's Debt-to-Asset Distribution in the Steel Industry

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

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

Kritika Wires Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Kritika Wires'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
	=	(400.807	+	0.118)	/	1525.341
	=	0.26

Kritika Wires'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
	=	(400.807	+	0.118)	/	1525.341
	=	0.26

Kritika Wires (NSE:KRITIKA) 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.

Kritika Wires Debt-to-Asset Related Terms

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

Kritika Wires (NSE:KRITIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kritika Wires Ltd (NSE:KRITIKA) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot-BG-12, Bus Terminus and Commercial Complex, Unit no. 201, 2nd Floor, AA-I, New Town Pride Hotel Building, Opposite to NOVOTEL, Kolkata, WB, IND, 700156

Website

https://www.kritikawires.com

Kritika Wires Ltd is engaged in the manufacturing of galvanized steel wires and wire products. The company is focused on exporting and supplying Industrial Steel. The company's products are used for the transmission and distribution of electricity, and the manufacturing of concrete slippers, poles, bridges, and other infrastructure facilities. The products of the company include Mild Steel Wire, GI Stay Wire, Spring Steel Wire, Barbed Wire, and others.

Kritika Wires (NSE:KRITIKA) Headlines

No Headlines