Cosmo First (BOM:508814) LT-Debt-to-Total-Asset : 0.25 (As of Sep. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Cosmo First 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. Cosmo First's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.25.

Cosmo First's long-term debt to total assets ratio increased from Sep. 2023 (0.19) to Sep. 2024 (0.25). It may suggest that Cosmo First is progressively becoming more dependent on debt to grow their business.

Cosmo First LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cosmo First'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.

* Premium members only.

Cosmo First LT-Debt-to-Total-Asset Chart

Cosmo First Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.19

0.16

0.18

0.19

0.21

Cosmo First 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															0.19	-	0.21	-	0.25

Cosmo First LT-Debt-to-Total-Asset Calculation

Cosmo First'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 )
	=	7452	/	35278.6
	=	0.21

Cosmo First'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 )
	=	9345.9	/	37504.5
	=	0.25

Cosmo First (BOM:508814) 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.

Cosmo First LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Cosmo First's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Cosmo First Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Cosmo First Ltd (BOM:508814) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

COSMOFIRST:India

Address

1st Floor, Uppal Plaza, M-6, Jasola District Centre, New Delhi, IND, 110025

Website

https://www.cosmofirst.com

Cosmo First Ltd is engaged in specialty films for packaging, lamination, and labeling. The company offers sustainable solutions to industries, including food, beverage, personal care, and pharmaceuticals. Cosmo First Limited has revenue sources coming from the sale of equipments, related parts and services and revenue from pet care business.

Cosmo First Headlines

No Headlines