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Tara Chand Infralogistic Solutions (NSE:TARACHAND) Debt-to-Asset : 0.33 (As of Mar. 2024)


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What is Tara Chand Infralogistic Solutions Debt-to-Asset?

Tara Chand Infralogistic Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹377 Mil. Tara Chand Infralogistic Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹475 Mil. Tara Chand Infralogistic Solutions's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹2,570 Mil. Tara Chand Infralogistic Solutions's debt to asset for the quarter that ended in Mar. 2024 was 0.33.


Tara Chand Infralogistic Solutions Debt-to-Asset Historical Data

The historical data trend for Tara Chand Infralogistic Solutions'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.

Tara Chand Infralogistic Solutions Debt-to-Asset Chart

Tara Chand Infralogistic Solutions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.48 0.46 0.38 0.33

Tara Chand Infralogistic Solutions 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 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 0.38 - 0.38 - 0.33

Competitive Comparison of Tara Chand Infralogistic Solutions's Debt-to-Asset

For the Farm & Heavy Construction Machinery subindustry, Tara Chand Infralogistic Solutions'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.


Tara Chand Infralogistic Solutions's Debt-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tara Chand Infralogistic Solutions's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tara Chand Infralogistic Solutions's Debt-to-Asset falls into.



Tara Chand Infralogistic Solutions Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tara Chand Infralogistic Solutions'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
=(377.437 + 474.871) / 2570.154
=0.33

Tara Chand Infralogistic Solutions'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
=(377.437 + 474.871) / 2570.154
=0.33

* 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.


Tara Chand Infralogistic Solutions  (NSE:TARACHAND) 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.


Tara Chand Infralogistic Solutions Debt-to-Asset Related Terms

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Tara Chand Infralogistic Solutions (NSE:TARACHAND) Business Description

Traded in Other Exchanges
N/A
Address
342, Industrial Area, Phase I, Chandigarh, IND, 160002
Tara Chand Infralogistic Solutions Ltd is an Indian company that provides heavy lifting equipment for infrastructure and construction projects. The company is actively engaged in key metro projects in India, largely in Tier 1 and 2 cities, with its large fleet of Hydraulic Piling Rigs, heavy lifting capacity Cranes, and Concrete Construction Machinery. The company has three segments including Transport and handling services, Equipment rental services, and Steel processing and distribution.

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