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Triveni Engineering & Industries (NSE:TRIVENI) Debt-to-Asset : 0.28 (As of Mar. 2024)


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What is Triveni Engineering & Industries Debt-to-Asset?

Triveni Engineering & Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹11,676 Mil. Triveni Engineering & Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,564 Mil. Triveni Engineering & Industries's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹51,183 Mil. Triveni Engineering & Industries's debt to asset for the quarter that ended in Mar. 2024 was 0.28.


Triveni Engineering & Industries Debt-to-Asset Historical Data

The historical data trend for Triveni Engineering & Industries'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.

Triveni Engineering & Industries Debt-to-Asset Chart

Triveni Engineering & Industries 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 0.38 0.27 0.37 0.21 0.28

Triveni Engineering & Industries 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 0.21 - 0.11 - 0.28

Competitive Comparison of Triveni Engineering & Industries's Debt-to-Asset

For the Confectioners subindustry, Triveni Engineering & Industries'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.


Triveni Engineering & Industries's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Triveni Engineering & Industries's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Triveni Engineering & Industries's Debt-to-Asset falls into.



Triveni Engineering & Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Triveni Engineering & Industries'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
=(11675.7 + 2563.6) / 51183.1
=0.28

Triveni Engineering & Industries'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
=(11675.7 + 2563.6) / 51183.1
=0.28

* 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.


Triveni Engineering & Industries  (NSE:TRIVENI) 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.


Triveni Engineering & Industries Debt-to-Asset Related Terms

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


Triveni Engineering & Industries (NSE:TRIVENI) Business Description

Traded in Other Exchanges
Address
Express Trade Towers, 8th Floor, Plot No. 15 - 16, Sector - 16A, Noida, UP, IND, 201301
Triveni Engineering & Industries Ltd is an India-based company engaged in the manufacturing of sugar. The company is engaged in diversified businesses mainly categorized into segments - Sugar and allied businesses; Engineering business and others. Sugar and allied businesses essentially comprises the manufacture of sugar, cogeneration, and distillery. The Engineering business primarily comprises Power Transmission manufacturing facilities at Mysuru and Water and Waste Water Treatment business operating from Noida, UP. The firm generates a majority of its revenue from the Sugar and allied business.

Triveni Engineering & Industries (NSE:TRIVENI) Headlines

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