Udaipur Cement Works (BOM:530131) LT-Debt-to-Total-Asset : 0.55 (As of Sep. 2024)

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What is Udaipur Cement Works 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. Udaipur Cement Works's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.55.

Udaipur Cement Works's long-term debt to total assets ratio increased from Sep. 2023 (0.50) to Sep. 2024 (0.55). It may suggest that Udaipur Cement Works is progressively becoming more dependent on debt to grow their business.

Udaipur Cement Works LT-Debt-to-Total-Asset Historical Data

The historical data trend for Udaipur Cement Works'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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Udaipur Cement Works LT-Debt-to-Total-Asset Chart

Udaipur Cement Works Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.30

0.47

0.32

0.52

0.46

Udaipur Cement Works 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															0.50	-	0.46	-	0.55

Udaipur Cement Works LT-Debt-to-Total-Asset Calculation

Udaipur Cement Works'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 )
	=	11225.5	/	24623.8
	=	0.46

Udaipur Cement Works'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 )
	=	14418.8	/	26074.6
	=	0.55

Udaipur Cement Works (BOM:530131) 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.

Udaipur Cement Works LT-Debt-to-Total-Asset Related Terms

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Udaipur Cement Works Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Udaipur Cement Works Ltd (BOM:530131) » Definitions » LT-Debt-to-Total-Asset

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UDAICEMENT:India

Address

4, Bahadur Shah Zafar Marg, Nehru House, New Delhi, IND, 110002

Website

https://www.udaipurcement.com

Udaipur Cement Works Ltd is a company engaged in the manufacture and sale of cement materials. Geographically all the business activity of the firm is operated in India. The Company has only one business segment as identified by management namely Cementious Materials. The company offers its cement under the Platinum Heavy Duty Cement brand name.

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