Gujarat Craft Industries (BOM:526965) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Gujarat Craft 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. Gujarat Craft Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

Gujarat Craft Industries's long-term debt to total assets ratio declined from Mar. 2023 (0.13) to Mar. 2024 (0.13). It may suggest that Gujarat Craft Industries is progressively becoming less dependent on debt to grow their business.

Gujarat Craft Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gujarat Craft 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.

Gujarat Craft Industries LT-Debt-to-Total-Asset Chart

Gujarat Craft 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

0.12

0.16

0.15

0.13

Gujarat Craft 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															0.13	-	0.14	-	0.13

Gujarat Craft Industries LT-Debt-to-Total-Asset Calculation

Gujarat Craft 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 )
	=	180.499	/	1390.094
	=	0.13

Gujarat Craft 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 )
	=	180.499	/	1390.094
	=	0.13

Gujarat Craft Industries (BOM:526965) 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.

Gujarat Craft Industries LT-Debt-to-Total-Asset Related Terms

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

Gujarat Craft Industries (BOM:526965) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Gujarat Craft Industries Ltd (BOM:526965) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No 431, Santej - Vadsar Road, Village Santej, Taluka Kalol, Gandhinagar, GJ, IND, 382721

Website

https://www.gujaratcraft.com

Gujarat Craft Industries Ltd operates in the packaging industry. The company is principally engaged in the manufacturing of tarpaulin, fabric, and sacks. Its product portfolio comprises NFI bag, FIBC bags, HDPE woven pipes, vermi beds, woven sacks, GEOMEMBRANE, Plastic sheet, jumbo bags and other products.

Gujarat Craft Industries (BOM:526965) Headlines

No Headlines