Terai Tea Co (BOM:530533) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is Terai Tea Co 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. Terai Tea Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Terai Tea Co's long-term debt to total assets ratio increased from Sep. 2023 (0.01) to Sep. 2024 (0.02). It may suggest that Terai Tea Co is progressively becoming more dependent on debt to grow their business.

Terai Tea Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Terai Tea Co'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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Terai Tea Co LT-Debt-to-Total-Asset Chart

Terai Tea Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.14

0.05

0.08

0.09

Terai Tea Co 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															0.01	-	0.09	-	0.02

Terai Tea Co LT-Debt-to-Total-Asset Calculation

Terai Tea Co'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 )
	=	163.417	/	1878.845
	=	0.09

Terai Tea Co'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 )
	=	35.252	/	2027.571
	=	0.02

Terai Tea Co (BOM:530533) 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.

Terai Tea Co LT-Debt-to-Total-Asset Related Terms

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Terai Tea Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Terai Tea Co Ltd (BOM:530533) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Sevoke Road, 2nd Mile, Agarwala House, Siliguri, WB, IND, 734001

Website

https://www.teraigroup.com

Terai Tea Co Ltd is a tea manufacturing company in North Bengal, India. In addition, it is engaged in the trading of sugar, Raw Jute, and various merchandise fabrics. The company is also involved in the export of various merchandise to Bangladesh and other Middle East countries.

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