BCL Industries (BOM:524332) LT-Debt-to-Total-Asset : 0.19 (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is BCL Industries 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. BCL Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.19.

BCL Industries's long-term debt to total assets ratio declined from Mar. 2023 (0.20) to Mar. 2024 (0.19). It may suggest that BCL Industries is progressively becoming less dependent on debt to grow their business.

BCL Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for BCL Industries'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.

BCL Industries LT-Debt-to-Total-Asset Chart

BCL Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

0.09

0.13

0.20

0.19

BCL Industries 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															0.20	-	0.21	-	0.19

BCL Industries LT-Debt-to-Total-Asset Calculation

BCL Industries'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 )
	=	2506.657	/	13007.171
	=	0.19

BCL Industries'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 )
	=	2506.657	/	13007.171
	=	0.19

BCL Industries (BOM:524332) 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.

BCL Industries LT-Debt-to-Total-Asset Related Terms

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

BCL Industries (BOM:524332) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » BCL Industries Ltd (BOM:524332) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BCLIND:India

Address

Hazi Rattan Link Road, Post Box No. 71, Bathinda, PB, IND, 151001

Website

https://www.bcl.ind.in

BCL Industries Ltd engages in the edible oil business. It operates through the following segments: Oil and Vanaspati, Distillery Unit, and Real Estate. The Oil and Vanaspati segment which act as a Key revenue contributor includes oil, solvent extraction unit, Vanaspati Ghee, and refined vegetable oil and rice. The Distillery Unit segment owns oil mills, solvent extraction plants, rice sheller, chemical refinery, physical refinery, and vanaspati plant. The Real Estate segment constructs townships, group housings, malls, multiplexes, and hotels.

BCL Industries (BOM:524332) Headlines

No Headlines