Mega Flex Plastics (NSE:MEGAFLEX) Debt-to-Asset : 0.01 (As of Sep. 2024)

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What is Mega Flex Plastics Debt-to-Asset?

Mega Flex Plastics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.0 Mil. Mega Flex Plastics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹5.6 Mil. Mega Flex Plastics's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ₹512.1 Mil. Mega Flex Plastics's debt to asset for the quarter that ended in Sep. 2024 was 0.01.

Mega Flex Plastics Debt-to-Asset Historical Data

The historical data trend for Mega Flex Plastics'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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Mega Flex Plastics Debt-to-Asset Chart

Mega Flex Plastics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

0.01

Mega Flex Plastics Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial				-	-	-	-	0.01

Competitive Comparison of Mega Flex Plastics's Debt-to-Asset

For the Packaging & Containers subindustry, Mega Flex Plastics'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.

Mega Flex Plastics's Debt-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mega Flex Plastics's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Mega Flex Plastics's Debt-to-Asset falls into.

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Mega Flex Plastics Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Mega Flex Plastics'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
	=	(0	+	0)	/	478.19
	=	0.00

Mega Flex Plastics'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
	=	(0	+	5.594)	/	512.086
	=	0.01

Mega Flex Plastics (NSE:MEGAFLEX) 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.

Mega Flex Plastics Debt-to-Asset Related Terms

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Mega Flex Plastics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mega Flex Plastics Ltd (NSE:MEGAFLEX) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4, Ho Chi Minh Sarani, Suite-2A, 2nd Floor, Kolkata, WB, IND, 700071

Website

https://www.megaflex.co.in

Mega Flex Plastics Ltd is engaged in manufacturing Leno Bags which are used for packaging agricultural products like potatoes, onions, garlic, coconuts, fruits, and vegetables. The company is also manufacturing Woven Fabric and Sutli (Fibrillated Twisted Thread). The company is also engaged in trading Polypropylene Granules. The company is currently engaged in single-segment business through various distributors and brand names such as Gold Flex, Leno Flex, Tiger, Tiranga, Kisan, and Phantom.

Mega Flex Plastics Headlines

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