Pincon Spirit (NSE:PINCON) Debt-to-Asset : 0.55 (As of Sep. 2017)

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Director of Data and Quant Analytics at GuruFocus
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What is Pincon Spirit Debt-to-Asset?

Pincon Spirit NSE:PINCON Debt-to-Asset is 0.55 as of Sep. 2017.

Pincon Spirit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was ₹2,911 Mil. Pincon Spirit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was ₹646 Mil. Pincon Spirit's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2017 was ₹6,418 Mil. Pincon Spirit's debt to asset for the quarter that ended in Sep. 2017 was 0.55.

Pincon Spirit  (NSE:PINCON) 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.

Pincon Spirit Debt-to-Asset Related Terms

Pincon Spirit Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Pincon Spirit'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.

Pincon Spirit Debt-to-Asset Chart

Pincon Spirit Annual Data
Trend Mar14 Mar15 Mar16 Mar17
Debt-to-Asset
0.50 0.61 0.62 0.53

Pincon Spirit Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17
Debt-to-Asset Get a 7-Day Free Trial 0.61 0.62 0.56 0.53 0.55

NSE:PINCON vs THST, JCTG, VDKB: Debt-to-Asset Comparison

For the Beverages - Wineries & Distilleries subindustry, Pincon Spirit'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.

Pincon Spirit Debt-to-Asset vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Pincon Spirit's Debt-to-Asset distribution charts can be found below:

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


Pincon Spirit Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Pincon Spirit's Debt-to-Asset for the fiscal year that ended in Mar. 2017 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2314.094 + 653.587) / 5586.76
=0.53

Pincon Spirit's Debt-to-Asset for the quarter that ended in Sep. 2017 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2910.715 + 645.813) / 6417.895
=0.55

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.55 mean?
Pincon Spirit (NSE:PINCON) has a Debt-to-Asset of 0.55 as of Sep. 2017. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Pincon Spirit and its competitors.
Is Pincon Spirit's Debt-to-Asset too high?
Pincon Spirit's current Debt-to-Asset is 0.55.
How does Pincon Spirit's Debt-to-Asset compare to THST and JCTG?
Pincon Spirit's Debt-to-Asset of 0.55 can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Beverages - Alcoholic company?
A good Debt-to-Asset depends on the Beverages - Alcoholic industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Pincon Spirit and its competitors. Pincon Spirit's current Debt-to-Asset is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pincon Spirit stock overvalued right now?
Pincon Spirit (NSE:PINCON) has a current Debt-to-Asset of 0.55. The current Debt-to-Asset is 0.55. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Pincon Spirit (NSE:PINCON), the current Debt-to-Asset is 0.55 as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pincon Spirit Business Description

Address Number 103, 3rd Floor, Samskruthi Chambers, K.H Road, Shanthi Nagar, Bengaluru, KA, IND, 560027
Pincon Spirit Ltd is engaged in blending, bottling and wholesale distributions of Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) and refining, packaging and wholesale distributions of fast moving consumer goods. The company derives its revenue from its Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) segment. The Edible oils business segment is engaged in the manufacture of edible oils and the Company owns a refining and packaging unit.