Hindustan Foods (BOM:519126) LT-Debt-to-Total-Asset : 0.27 (As of Sep. 2024)

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What is Hindustan Foods 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. Hindustan Foods's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.27.

Hindustan Foods's long-term debt to total assets ratio declined from Sep. 2023 (0.28) to Sep. 2024 (0.27). It may suggest that Hindustan Foods is progressively becoming less dependent on debt to grow their business.

Hindustan Foods LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hindustan Foods'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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Hindustan Foods LT-Debt-to-Total-Asset Chart

Hindustan Foods Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.26

0.25

0.28

0.30

0.28

Hindustan Foods 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															0.28	-	0.28	-	0.27

Hindustan Foods LT-Debt-to-Total-Asset Calculation

Hindustan Foods'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 )
	=	5349.438	/	19252.469
	=	0.28

Hindustan Foods'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 )
	=	6006.478	/	22321.819
	=	0.27

Hindustan Foods (BOM:519126) 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.

Hindustan Foods LT-Debt-to-Total-Asset Related Terms

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Hindustan Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hindustan Foods Ltd (BOM:519126) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

HNDFDS:India

Address

15, Lal Bahadur Shastri Road, Office No. 03, Level 2, Centrium, Phoenix Market City, Kurla (West), Mumbai, MH, IND, 400 070

Website

https://www.hindustanfoodslimited.com

Hindustan Foods Ltd is an India-based company engaged in the business of contract manufacturing of FMCG products comprising primarily of home care, personal care, foods and beverages and job working of shoes. Its operating segment is Contract manufacturing. Geographically the company generates the majority of its revenue from India.

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