Teerth Gopicon (NSE:TGL) Debt-to-Asset : 0.09 (As of Sep. 2024)

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What is Teerth Gopicon Debt-to-Asset?

Teerth Gopicon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹81 Mil. Teerth Gopicon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹81 Mil. Teerth Gopicon's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ₹1,749 Mil. Teerth Gopicon's debt to asset for the quarter that ended in Sep. 2024 was 0.09.

Teerth Gopicon Debt-to-Asset Historical Data

The historical data trend for Teerth Gopicon'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.

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Teerth Gopicon Debt-to-Asset Chart

Teerth Gopicon Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

0.30

0.32

0.09

0.10

Teerth Gopicon Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial			0.32	0.09	0.09	0.10	0.09

Competitive Comparison of Teerth Gopicon's Debt-to-Asset

For the Engineering & Construction subindustry, Teerth Gopicon'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.

Teerth Gopicon's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Teerth Gopicon's Debt-to-Asset distribution charts can be found below:

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

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Teerth Gopicon Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Teerth Gopicon'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
	=	(61.5	+	72.9)	/	1362.3
	=	0.10

Teerth Gopicon's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(80.9	+	80.9)	/	1749.2
	=	0.09

Teerth Gopicon (NSE:TGL) 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.

Teerth Gopicon Debt-to-Asset Related Terms

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Teerth Gopicon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Teerth Gopicon Ltd (NSE:TGL) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

204 Amar Metro, Near BalniketanSangh Pagnis Paga, Pagnispaga, Indore, MP, IND, 452007

Website

https://www.teerthgopicon.com

Teerth Gopicon Ltd is engaged in engineering construction and development, mainly focusing on roads, sewerage, and water distribution projects in Madhya Pradesh. The company provides civil engineering projects such as building construction work, water supply, pipeline, sewerage network, sewerage treatment plant, nalla tapping work, reuse network, overhead tanks, GSR, Road work, Rejuvenation of Lake, etc. Its projects are MVS Sanaudha Saga, Ladies Hostel Karai, DB Project MP, and others.