Bhagyanagar India (BOM:512296) LT-Debt-to-Total-Asset : 0.14 (As of Mar. 2024)

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What is Bhagyanagar India 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. Bhagyanagar India's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.14.

Bhagyanagar India's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.14) to Mar. 2024 (0.14).

Bhagyanagar India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bhagyanagar India'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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Bhagyanagar India LT-Debt-to-Total-Asset Chart

Bhagyanagar India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.11

0.14

Bhagyanagar India 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															0.14	-	0.10	-	0.14

Bhagyanagar India LT-Debt-to-Total-Asset Calculation

Bhagyanagar India'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 )
	=	461.208	/	3335.53
	=	0.14

Bhagyanagar India'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 )
	=	461.208	/	3335.53
	=	0.14

Bhagyanagar India (BOM:512296) 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.

Bhagyanagar India LT-Debt-to-Total-Asset Related Terms

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Bhagyanagar India (BOM:512296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bhagyanagar India Ltd (BOM:512296) » Definitions » LT-Debt-to-Total-Asset

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BHAGYANGR:India

Address

Plot No. 9/13/1 & P-9/14, I.D.A. Nacharam, Hyderabad, TG, IND, 500076

Website

http://www.bhagyanagarindia.com

Bhagyanagar India Ltd is an Indian company engaged in the manufacturing of copper products. It operates through the segments of Copper Products and Wind Power. The Copper products segment deals in the manufacturing of various products such as Copper rods, Strips, Pipes, Busbars, and Sheets, among others. The Wind Power segment is engaged in the generation of wind power energy. The majority of the firm's revenue is generated by the Copper products segment. Geographically, it operates in India.

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