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Quality Foils (India) (NSE:QFIL) Liabilities-to-Assets : 0.59 (As of Sep. 2023)


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What is Quality Foils (India) 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. Quality Foils (India)'s Total Liabilities for the quarter that ended in Sep. 2023 was ₹400 Mil. Quality Foils (India)'s Total Assets for the quarter that ended in Sep. 2023 was ₹680 Mil. Therefore, Quality Foils (India)'s Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.59.


Quality Foils (India) Liabilities-to-Assets Historical Data

The historical data trend for Quality Foils (India)'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.

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Quality Foils (India) Liabilities-to-Assets Chart

Quality Foils (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
0.74 0.73 0.75 0.64

Quality Foils (India) Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Liabilities-to-Assets Get a 7-Day Free Trial 0.73 0.75 0.70 0.64 0.59

Competitive Comparison of Quality Foils (India)'s Liabilities-to-Assets

For the Steel subindustry, Quality Foils (India)'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.


Quality Foils (India)'s Liabilities-to-Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Quality Foils (India)'s Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Quality Foils (India)'s Liabilities-to-Assets falls into.



Quality Foils (India) 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.

Quality Foils (India)'s Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=488.11/762.073
=0.64

Quality Foils (India)'s Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=399.907/680.477
=0.59

* 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.


Quality Foils (India)  (NSE:QFIL) 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.


Quality Foils (India) Liabilities-to-Assets Related Terms

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Quality Foils (India) (NSE:QFIL) Business Description

Traded in Other Exchanges
N/A
Address
3, Industrial Development Colony, Hisar, HR, IND, 125005
Quality Foils (India) Ltd is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. The products of the company are sold both in the domestic as well as international markets.

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