Dhampur Sugar Mills (BOM:500119) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is Dhampur Sugar Mills LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Dhampur Sugar Mills's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Dhampur Sugar Mills's long-term debt to total assets ratio declined from Mar. 2023 (0.11) to Mar. 2024 (0.08). It may suggest that Dhampur Sugar Mills is progressively becoming less dependent on debt to grow their business.

Dhampur Sugar Mills LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dhampur Sugar Mills's LT-Debt-to-Total-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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Dhampur Sugar Mills LT-Debt-to-Total-Asset Chart

Dhampur Sugar Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.11

0.10

0.11

0.08

Dhampur Sugar Mills Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	-	0.13	-	0.08

Dhampur Sugar Mills LT-Debt-to-Total-Asset Calculation

Dhampur Sugar Mills's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	1767	/	23567.6
	=	0.07

Dhampur Sugar Mills's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1767	/	23567.6
	=	0.07

Dhampur Sugar Mills (BOM:500119) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Dhampur Sugar Mills LT-Debt-to-Total-Asset Related Terms

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Dhampur Sugar Mills (BOM:500119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dhampur Sugar Mills Ltd (BOM:500119) » Definitions » LT-Debt-to-Total-Asset

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DHAMPURSUG:India

Address

Okhla Industrial Estate, Phase-III, 6th Floor, Max House, New Delhi, IND, 110020

Website

https://www.dhampur.com

Dhampur Sugar Mills Ltd is a sugarcane processing company in India. The company's operating segment includes Sugar, Power, Ethanol, Chemical, and Potable spirit, and others. The Sugar segment consists of the manufacture and sale of Sugar and its byproducts. The Ethanol segment consists of the manufacture and sale of RS, Ethanol, ENA, and Industrial alcohol. Its Power segment consists of co-generation and sale of power. The potable Spirits segment consists of the manufacture and sale of Country liquor. The chemicals segment consists of the manufacture and sale of Ethyl Acetate. Others consist of the sale of petrol and agricultural products. Geographically, it derives a majority of its revenue from India. The company generates the majority of its revenue from the Sugar segment.

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