Agarwal Industrial (BOM:531921) LT-Debt-to-Total-Asset : 0.14 (As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Agarwal Industrial 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. Agarwal Industrial's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.14.

Agarwal Industrial's long-term debt to total assets ratio increased from Sep. 2023 (0.13) to Sep. 2024 (0.14). It may suggest that Agarwal Industrial is progressively becoming more dependent on debt to grow their business.

Agarwal Industrial LT-Debt-to-Total-Asset Historical Data

The historical data trend for Agarwal Industrial'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.

Agarwal Industrial LT-Debt-to-Total-Asset Chart

Agarwal Industrial Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.14

0.09

0.11

0.16

Agarwal Industrial 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															0.13	-	0.16	-	0.14

Agarwal Industrial LT-Debt-to-Total-Asset Calculation

Agarwal Industrial'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 )
	=	1772.019	/	11199.691
	=	0.16

Agarwal Industrial'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 )
	=	1459.416	/	10495.392
	=	0.14

Agarwal Industrial (BOM:531921) 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.

Agarwal Industrial LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Agarwal Industrial's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Agarwal Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Agarwal Industrial Corp Ltd (BOM:531921) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AGARIND:India

Address

S.T. Road, V.N. Purav Marg, Plot Number 12, Eastern Court, Unit No. 201-202, Chembur, Mumbai, MH, IND, 400 071

Website

https://www.aicltd.in

Agarwal Industrial Corp Ltd is engaged in manufacturing and trading petrochemicals, Bitumen and Liquefied Petroleum Gas (LPG) logistics, and energy generation through windmills. The company's operating segment includes the Ancillary Infra - Bitumen & Allied products; Logistics and Windmill. It generates maximum revenue from the Ancillary Infra - Bitumen & Allied products segment, including Bituminous and Allied Products. The company's product categories include Paving Grade Bitumen; Industrial Grade Bitumen; Bitumen Emulsion for Road Construction; CRMB: Crumb Rubber Modified Bitumen; Polymer Modified bitumen (PMB); Byproducts/Waterproofing materials; and Bituminous Expansion Jointing Boards.

Agarwal Industrial Headlines

No Headlines