Ramco Cements (NSE:RAMCOCEM) Debt-to-Asset : 0.23 (As of Mar. 2026)

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NSE:RAMCOCEM Ramco Cements Ltd NSE:RAMCOCEM
80 GF Score
Price ₹921.50
GF Value ₹977.43
Valuation Fairly Valued
! 5 Warning Signs
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What is Ramco Cements Debt-to-Asset?

Ramco Cements NSE:RAMCOCEM +1.43% 80 Debt-to-Asset is 0.23 as of Mar. 2026. GuruFocus rates NSE:RAMCOCEM with a GF Score™ of 80/100 and a GF Value™ of ₹977.43 (Fairly Valued). The stock has 5 warning signs investors should review.

Ramco Cements's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹10,486 Mil. Ramco Cements's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹28,225 Mil. Ramco Cements's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was ₹166,356 Mil. Ramco Cements's debt to asset for the quarter that ended in Mar. 2026 was 0.23.


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


Ramco Cements Debt-to-Asset Historical Data

* Premium members only.

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.

Ramco Cements Debt-to-Asset Chart

Ramco Cements Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.31 0.30 0.29 0.23

Ramco Cements Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.00 0.28 0.00 0.23

NSE:RAMCOCEM vs CRH, VMC, MLM: Debt-to-Asset Comparison

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 Debt-to-Asset vs 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.


NSE:RAMCOCEM
80GF Score
Ramco Cements Ltd NSE:RAMCOCEM
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(10485.6 + 28225.4) / 166355.9
=0.23

Ramco Cements's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(10485.6 + 28225.4) / 166355.9
=0.23

* 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 0.23 mean?
Ramco Cements (NSE:RAMCOCEM) has a Debt-to-Asset of 0.23 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Ramco Cements and its competitors.
Is Ramco Cements' Debt-to-Asset too high?
Ramco Cements' current Debt-to-Asset is 0.23. Overall, Ramco Cements has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ramco Cements' Debt-to-Asset compare to CRH and VMC?
Ramco Cements' Debt-to-Asset of 0.23 can be compared against companies in the Building Materials 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 Building Materials company?
A good Debt-to-Asset depends on the Building Materials 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 Ramco Cements and its competitors. Ramco Cements's current Debt-to-Asset is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramco Cements stock overvalued right now?
Based on GuruFocus' analysis, Ramco Cements (NSE:RAMCOCEM) is currently considered Fairly Valued. The stock's GF Value™ is ₹977.43, compared to a current price of ₹921.50 — trading 5.7% below its estimated fair value. The current Debt-to-Asset is 0.23. Ramco Cements' overall GF Score™ is 80/100 with 5 warning signs to review. 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 Ramco Cements (NSE:RAMCOCEM), the current Debt-to-Asset is 0.23 as of Mar. 2026. 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.

Is Ramco Cements (NSE:RAMCOCEM) Overvalued in 2026?

Based on GuruFocus' analysis, Ramco Cements stock appears to be undervalued. The current stock price of ₹921.50 is trading 5.7% below its estimated GF Value™ of ₹977.43. GuruFocus considers Ramco Cements to be Fairly Valued.

Key valuation signals for NSE:RAMCOCEM:

  • Debt-to-Asset: 0.23
  • GF Value™: ₹977.43 vs. price of ₹921.50 (5.7% below fair value)
  • GF Score™: 80/100 with 5 warning signs

No single metric tells the full story. See the NSE:RAMCOCEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ramco Cements Business Description

Other Exchanges 500260:India
Address No. 98-A, Dr. Radhakrishnan Road, Auras Corporate Centre, 5th Floor, Mylapore, Chennai, TN, IND, 600004
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.
80GF Score

Get the complete analysis for NSE:RAMCOCEM

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹921.50
Price
₹977.43
GF Value