Lakshmi Precision Screws (BOM:506079) LT-Debt-to-Total-Asset: 0.14 (As of Mar. 2017)

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What is Lakshmi Precision Screws LT-Debt-to-Total-Asset?

Lakshmi Precision Screws BOM:506079 LT-Debt-to-Total-Asset is 0.14 as of Mar. 2017.

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. Lakshmi Precision Screws's long-term debt to total assests ratio for the quarter that ended in Mar. 2017 was 0.14.

Lakshmi Precision Screws's long-term debt to total assets ratio declined from Mar. 2015 (0.16) to Mar. 2017 (0.14). It may suggest that Lakshmi Precision Screws is progressively becoming less dependent on debt to grow their business.

Lakshmi Precision Screws  (BOM:506079) 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.

Lakshmi Precision Screws LT-Debt-to-Total-Asset Related Terms

Lakshmi Precision Screws LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Lakshmi Precision Screws'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.

Lakshmi Precision Screws LT-Debt-to-Total-Asset Chart

Lakshmi Precision Screws Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.11 0.16 0.16 0.14

Lakshmi Precision Screws Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.11 0.16 0.16 0.14

Lakshmi Precision Screws LT-Debt-to-Total-Asset Calculation

Lakshmi Precision Screws's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2017 is calculated as

LT Debt to Total Assets (A: Mar. 2017 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2017 )/Total Assets (A: Mar. 2017 )
=624.151/4622.912
=0.14

Lakshmi Precision Screws's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2017 is calculated as

LT Debt to Total Assets (Q: Mar. 2017 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2017 )/Total Assets (Q: Mar. 2017 )
=624.151/4622.912
=0.14

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.14 mean?
Lakshmi Precision Screws (BOM:506079) has a LT-Debt-to-Total-Asset of 0.14 as of Mar. 2017. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Lakshmi Precision Screws and its competitors.
Is Lakshmi Precision Screws' LT-Debt-to-Total-Asset too high?
Lakshmi Precision Screws' current LT-Debt-to-Total-Asset is 0.14.
How does Lakshmi Precision Screws' LT-Debt-to-Total-Asset compare to TXHG and TBLT?
Lakshmi Precision Screws' LT-Debt-to-Total-Asset of 0.14 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Industrial Products company?
A good LT-Debt-to-Total-Asset depends on the Industrial Products industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Lakshmi Precision Screws and its competitors. Lakshmi Precision Screws's current LT-Debt-to-Total-Asset is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakshmi Precision Screws stock overvalued right now?
Lakshmi Precision Screws (BOM:506079) has a current LT-Debt-to-Total-Asset of 0.14. The current LT-Debt-to-Total-Asset is 0.14. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Lakshmi Precision Screws (BOM:506079), the current LT-Debt-to-Total-Asset is 0.14 as of Mar. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lakshmi Precision Screws Business Description

Address Hisar Road, 46/1, Mile Stone, Rohtak, HR, IND, 124001
Lakshmi Precision Screws Ltd is engaged in the business of manufacturing high-tensile fasteners. The product portfolio includes - Bolts and Screws, Pins, Nuts, Allen Key, Anchor Bush, Hammer, Wedges, Threaded road, Ball pins, Clevis pins, and many others. The company caters to the need of many sectors like Wind energy, Automotive, Defence, Electronic and communication, Construction, Agriculture, Tool and die, Oil and gas. The company's area of operation comprises four manufacturing units spread across an area of about 1,00,000 sqm.