Tarai Foods (BOM:519285) LT-Debt-to-Total-Asset : 0.81 (As of Sep. 2024)

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What is Tarai 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. Tarai Foods's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.81.

Tarai Foods's long-term debt to total assets ratio declined from Sep. 2023 (1.11) to Sep. 2024 (0.81). It may suggest that Tarai Foods is progressively becoming less dependent on debt to grow their business.

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

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

Tarai Foods Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.78

0.79

0.90

1.11

0.87

Tarai 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															1.11	1.55	0.87	0.84	0.81

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

Tarai 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 )
	=	27.791	/	31.955
	=

Tarai 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 )
	=	27.3	/	33.6
	=

Tarai Foods (BOM:519285) 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.

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

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Tarai Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tarai Foods Ltd (BOM:519285) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Sandhu Farms, Village Fazilpur Meharola, P.O. Box No. 18, District Udham Singh Nagar, Rudrapur, UT, IND, 263153

Website

https://www.taraifoods.in

Tarai Foods Ltd is engaged in food processing. It manufactures frozen fruits and vegetables using the Individual Quick Frozen (IQF) freezing technology. Its products include frozen peas, frozen sweet corn, frozen mixed vegetables, and fresh, frozen, and canned mushrooms.

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