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Shri Dinesh Mills (BOM:503804) Liabilities-to-Assets : 0.23 (As of Mar. 2024)


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What is Shri Dinesh Mills Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Shri Dinesh Mills's Total Liabilities for the quarter that ended in Mar. 2024 was ₹618 Mil. Shri Dinesh Mills's Total Assets for the quarter that ended in Mar. 2024 was ₹2,709 Mil. Therefore, Shri Dinesh Mills's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.23.


Shri Dinesh Mills Liabilities-to-Assets Historical Data

The historical data trend for Shri Dinesh Mills's Liabilities-to-Assets 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.

Shri Dinesh Mills Liabilities-to-Assets Chart

Shri Dinesh Mills Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.19 0.20 0.23 0.23

Shri Dinesh Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.23 - 0.25 - 0.23

Competitive Comparison of Shri Dinesh Mills's Liabilities-to-Assets

For the Textile Manufacturing subindustry, Shri Dinesh Mills's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Shri Dinesh Mills's Liabilities-to-Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shri Dinesh Mills's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Shri Dinesh Mills's Liabilities-to-Assets falls into.



Shri Dinesh Mills Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Shri Dinesh Mills's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=618.382/2708.585
=0.23

Shri Dinesh Mills's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=618.382/2708.585
=0.23

* 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.


Shri Dinesh Mills  (BOM:503804) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Shri Dinesh Mills Liabilities-to-Assets Related Terms

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Shri Dinesh Mills (BOM:503804) Business Description

Traded in Other Exchanges
N/A
Address
Akota Road, Near Indiabulls Mega Mall, Vadodara, GJ, IND, 390 020
Shri Dinesh Mills Ltd manufactures Woolen textiles in India. The company's operating segment includes Textile. Its product categories include Press Felts; Dryer Screens; Fiber and Asbestos Felts and Other products. Geographically, it derives a majority of its revenue from India.

Shri Dinesh Mills (BOM:503804) Headlines

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