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Refex Renewables & Infrastructure (BOM:531260) LT-Debt-to-Total-Asset : 0.79 (As of Sep. 2024)


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What is Refex Renewables & Infrastructure 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. Refex Renewables & Infrastructure's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.79.

Refex Renewables & Infrastructure's long-term debt to total assets ratio increased from Sep. 2023 (0.72) to Sep. 2024 (0.79). It may suggest that Refex Renewables & Infrastructure is progressively becoming more dependent on debt to grow their business.


Refex Renewables & Infrastructure LT-Debt-to-Total-Asset Historical Data

The historical data trend for Refex Renewables & Infrastructure'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.

Refex Renewables & Infrastructure LT-Debt-to-Total-Asset Chart

Refex Renewables & Infrastructure Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.34 0.51 0.69 0.69

Refex Renewables & Infrastructure 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 - 0.69 - 0.79

Refex Renewables & Infrastructure LT-Debt-to-Total-Asset Calculation

Refex Renewables & Infrastructure'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 )
=3536.545/5101.304
=0.69

Refex Renewables & Infrastructure'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 )
=4062/5127.4
=0.79

* 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.


Refex Renewables & Infrastructure  (BOM:531260) 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.


Refex Renewables & Infrastructure LT-Debt-to-Total-Asset Related Terms

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Refex Renewables & Infrastructure Business Description

Traded in Other Exchanges
N/A
Address
Venkatanarayana Road, GroundFloor, Bascon Futura SV IT Park, New No: 10/2, Old No: 56L, T Nagar, Chennai, TN, IND, 600017
Refex Renewables & Infrastructure Ltd is engaged in the business of rendering engineering, procurement and construction services in respect of ground solar power plants, solar water pumps and home systems. . The company segment includes (i) Engineering, procurement and construction 'EPC-Rural' - Supply, installation, commissioning and maintenance of solar water pumps and home systems. (ii) Engineering, procurement and construction 'EPC-Commercial and Industrial (C&I)' - Supply, installation, commissioning and maintenance of ground solar power plants and Rooftop.

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