Asian Star Co (BOM:531847) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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

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

Asian Star Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asian Star 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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Asian Star Co LT-Debt-to-Total-Asset Chart

Asian Star Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.03

0.02

Asian Star 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															0.02	-	0.02	-	0.02

Asian Star Co LT-Debt-to-Total-Asset Calculation

Asian Star 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 )
	=	533.881	/	27126.487
	=	0.02

Asian Star 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 )
	=	561.213	/	24692.189
	=	0.02

Asian Star Co (BOM:531847) 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.

Asian Star Co LT-Debt-to-Total-Asset Related Terms

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Asian Star Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Asian Star Co Ltd (BOM:531847) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

114 - C, Mittal Court, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.asianstargroup.com

Asian Star Co Ltd operates in the jewelry business. Their key product line includes Loose Polished, Diamond Jewellery, Diamond Jewellery Retailing, and Power. Geographically The company operates across the USA, Europe, Asia, and South-East Asia. The Company operates in two business segments namely Diamonds and Jewellery. It generates the maximum amount of revenue from the sales of Polished Diamonds. Their mode of sales is an offline channel and the company caters maximum to HNI customers.

Asian Star Co Headlines

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