R M Drip & Sprinklers Systems (NSE:RMDRIP) Debt-to-Asset : 0.21 (As of Sep. 2023)

R M Drip & Sprinklers Systems Debt-to-Asset Chart

R M Drip & Sprinklers Systems Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Debt-to-Asset		Get a 7-Day Free Trial					0.32	0.30	0.30	0.26	0.26

R M Drip & Sprinklers Systems Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial													-	0.26	0.31	0.26	0.21

Competitive Comparison of R M Drip & Sprinklers Systems's Debt-to-Asset

For the Farm & Heavy Construction Machinery subindustry, R M Drip & Sprinklers Systems'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.

R M Drip & Sprinklers Systems's Debt-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, R M Drip & Sprinklers Systems's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where R M Drip & Sprinklers Systems's Debt-to-Asset falls into.

R M Drip & Sprinklers Systems Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

R M Drip & Sprinklers Systems's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

R M Drip & Sprinklers Systems's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

* 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.

R M Drip & Sprinklers Systems  (NSE:RMDRIP) 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.

R M Drip & Sprinklers Systems Debt-to-Asset Related Terms

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R M Drip & Sprinklers Systems (NSE:RMDRIP) Business Description