Shri Keshav Cements & Infra (BOM:530977) LT-Debt-to-Total-Asset : 0.46 (As of Mar. 2024)

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What is Shri Keshav Cements & Infra 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. Shri Keshav Cements & Infra's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.46.

Shri Keshav Cements & Infra's long-term debt to total assets ratio declined from Mar. 2023 (0.51) to Mar. 2024 (0.46). It may suggest that Shri Keshav Cements & Infra is progressively becoming less dependent on debt to grow their business.

Shri Keshav Cements & Infra LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shri Keshav Cements & Infra'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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Shri Keshav Cements & Infra LT-Debt-to-Total-Asset Chart

Shri Keshav Cements & Infra Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.45

0.63

0.73

0.51

0.46

Shri Keshav Cements & Infra 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															0.51	-	0.43	-	0.46

Shri Keshav Cements & Infra LT-Debt-to-Total-Asset Calculation

Shri Keshav Cements & Infra'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 )
	=	1652.295	/	3559.726
	=	0.46

Shri Keshav Cements & Infra'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 )
	=	1652.295	/	3559.726
	=	0.46

Shri Keshav Cements & Infra (BOM:530977) 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.

Shri Keshav Cements & Infra LT-Debt-to-Total-Asset Related Terms

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Shri Keshav Cements & Infra (BOM:530977) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Shri Keshav Cements & Infra Ltd (BOM:530977) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

215/2, Jyoti Tower, Karbhar Galli, Nazar Camp, 6th Cross, Madhavpur Vadgaon, Belgaum, KA, IND, 590005

Website

https://www.keshavcement.com

Shri Keshav Cements & Infra Ltd is an Indian cement and cement products manufacturing company. It is engaged in the manufacture and sale of cement in Karnataka, Goa, and Maharashtra. Its segments include manufacturing and trading in cement, trading in coal, dealers of petrol and diesel, and solar energy generation and sale. The company generates a majority of its revenue from manufacturing and trading in the cement segment.

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