Prudential Sugar (BOM:500342) LT-Debt-to-Total-Asset : 0.14 (As of Sep. 2024)

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What is Prudential Sugar 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. Prudential Sugar's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.14.

Prudential Sugar's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.14). It may suggest that Prudential Sugar is progressively becoming more dependent on debt to grow their business.

Prudential Sugar LT-Debt-to-Total-Asset Historical Data

The historical data trend for Prudential Sugar'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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Prudential Sugar LT-Debt-to-Total-Asset Chart

Prudential Sugar Annual Data

Trend

Mar15

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Mar24

LT-Debt-to-Total-Asset

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0.16

Prudential Sugar Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.16	-	0.14

Prudential Sugar LT-Debt-to-Total-Asset Calculation

Prudential Sugar'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 )
	=	240.227	/	1544.032
	=	0.16

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

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	234.6	/	1683.113
	=	0.14

Prudential Sugar (BOM:500342) 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.

Prudential Sugar LT-Debt-to-Total-Asset Related Terms

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Prudential Sugar Business Description

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PRUDMOULI:India

Address

Akash Ganga, 4th Floor, Plot No 144, Srinagar Colony, Hyderabad, TG, IND, 500 073

Website

http://www.prudentialsugar.com

Prudential Sugar Corp Ltd produces and exports white crystal sugar. The company also manufactures alcohol through molasses fermentation. Its products include molasses and bagasse that are by-products and the same are sold to distilleries and co-gen power plants.

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