Swastik Pipe (NSE:SWASTIK) Debt-to-Asset : 0.28 (As of Mar. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Swastik Pipe Debt-to-Asset?

Swastik Pipe's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹711 Mil. Swastik Pipe's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹399 Mil. Swastik Pipe's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2023 was ₹3,958 Mil. Swastik Pipe's debt to asset for the quarter that ended in Mar. 2023 was 0.28.

Swastik Pipe Debt-to-Asset Historical Data

The historical data trend for Swastik Pipe'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.

Swastik Pipe Debt-to-Asset Chart

Swastik Pipe Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Asset

0.59

0.58

0.33

0.28

Swastik Pipe Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Debt-to-Asset	0.59	0.58	0.33	0.28

Competitive Comparison of Swastik Pipe's Debt-to-Asset

For the Steel subindustry, Swastik Pipe'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.

Swastik Pipe's Debt-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Swastik Pipe's Debt-to-Asset distribution charts can be found below:

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

Swastik Pipe Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Swastik Pipe's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(710.99	+	398.762)	/	3957.975
	=	0.28

Swastik Pipe's Debt-to-Asset for the quarter that ended in Mar. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(710.99	+	398.762)	/	3957.975
	=	0.28

Swastik Pipe (NSE:SWASTIK) 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.

Swastik Pipe Debt-to-Asset Related Terms

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

Swastik Pipe (NSE:SWASTIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Swastik Pipe Ltd (NSE:SWASTIK) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Arihant Nagar, Punjabi Bagh (West), New Delhi, IND, 110026

Website

https://www.swastikpipes.com

Swastik Pipe Ltd is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.

Swastik Pipe (NSE:SWASTIK) Headlines

No Headlines