Shiva Cement (BOM:532323) LT-Debt-to-Total-Asset : 0.71 (As of Sep. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Shiva Cement 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. Shiva Cement's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.71.

Shiva Cement's long-term debt to total assets ratio declined from Sep. 2023 (0.74) to Sep. 2024 (0.71). It may suggest that Shiva Cement is progressively becoming less dependent on debt to grow their business.

Shiva Cement LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shiva Cement'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.

Shiva Cement LT-Debt-to-Total-Asset Chart

Shiva Cement Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.08

0.47

0.78

0.86

Shiva Cement 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															0.74	-	0.86	-	0.71

Shiva Cement LT-Debt-to-Total-Asset Calculation

Shiva Cement'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 )
	=	13324.476	/	15416.348
	=	0.86

Shiva Cement'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 )
	=	12042.27	/	17077.545
	=	0.71

Shiva Cement (BOM:532323) 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.

Shiva Cement LT-Debt-to-Total-Asset Related Terms

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

Shiva Cement Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Shiva Cement Ltd (BOM:532323) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Village Telighana, PO: Birangatoli, Tehsil-Kutra, District-Sundargarh, Sundargarh, OR, IND, 770018

Website

https://www.shivacement.com

Shiva Cement Ltd is an India-based company engaged in the manufacturing and selling of cement and its allied products. The company caters to domestic markets. The company's products include Portland Slag Cement (PSC) and Portland pozzolana cement for general construction purposes, Clinker, and Limestone Chips.

Shiva Cement Headlines

No Headlines