Ramco Cements (NSE:RAMCOCEM) Debt-to-Asset : 0.30 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Ramco Cements Debt-to-Asset?

Ramco Cements's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹9,898 Mil. Ramco Cements's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹39,467 Mil. Ramco Cements's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹162,727 Mil. Ramco Cements's debt to asset for the quarter that ended in Mar. 2024 was 0.30.

Ramco Cements Debt-to-Asset Historical Data

The historical data trend for Ramco Cements'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.

Ramco Cements Debt-to-Asset Chart

Ramco Cements Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

Get a 7-Day Free Trial

0.30

0.27

0.30

0.31

0.30

Ramco Cements Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.31	-	0.32	-	0.30

Competitive Comparison of Ramco Cements's Debt-to-Asset

For the Building Materials subindustry, Ramco Cements'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.

Ramco Cements's Debt-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ramco Cements's Debt-to-Asset distribution charts can be found below:

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

Ramco Cements Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ramco Cements'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
	=	(9898.3	+	39466.7)	/	162727.3
	=	0.30

Ramco Cements'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
	=	(9898.3	+	39466.7)	/	162727.3
	=	0.30

Ramco Cements (NSE:RAMCOCEM) 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.

Ramco Cements Debt-to-Asset Related Terms

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

Ramco Cements (NSE:RAMCOCEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ramco Cements Ltd (NSE:RAMCOCEM) » Definitions » Debt-to-Asset

Traded in Other Exchanges

500260:India

Address

98-A, Dr. Radhakrishnan Road, Mylapore, Chennai, TN, IND, 600 004

Website

https://www.ramcocements.in

Ramco Cements Ltd, part of Ramco Group, is a producer of Portland cement. The company owns grinding units and packing terminals, as well as integrated cement plants. Its cement is sold under the Ramco Supergrade brand in India. Other products include ready-mix concrete and dry-mortar products. Ramco Cements also operates wind farms in India.

Ramco Cements (NSE:RAMCOCEM) Headlines

No Headlines