V-Guard Industries (BOM:532953) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

View and export this data going back to 2008. Start your Free Trial

What is V-Guard Industries 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. V-Guard Industries's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

V-Guard Industries's long-term debt to total assets ratio declined from Sep. 2023 (0.10) to Sep. 2024 (0.03). It may suggest that V-Guard Industries is progressively becoming less dependent on debt to grow their business.

V-Guard Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for V-Guard Industries'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.

V-Guard Industries LT-Debt-to-Total-Asset Chart

V-Guard Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.03

0.02

0.12

0.07

V-Guard Industries 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															0.10	-	0.07	-	0.03

V-Guard Industries LT-Debt-to-Total-Asset Calculation

V-Guard Industries'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 )
	=	2271.8	/	31612.8
	=	0.07

V-Guard Industries'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 )
	=	1105	/	32400.3
	=	0.03

V-Guard Industries (BOM:532953) 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.

V-Guard Industries LT-Debt-to-Total-Asset Related Terms

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

V-Guard Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » V-Guard Industries Ltd (BOM:532953) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

VGUARD:India

Address

42/962, Vennala High School Road, Vennala, Ernakulam, KL, IND, 682028

Website

https://www.vguard.in

V-Guard Industries Ltd is an India-based consumer electrical company. It is involved in the manufacturing, trading, and selling of consumer electrical products. Its business segments are Electronics, Electricals and Consumer Durables. It derives a majority of the revenue from the Electricals segment which includes products such as PVC Insulated Cables, Switch Gears, Single Phase Pumps, Three Phase Pumps, and Modular Switches. The Electronics segment covers products like voltage stabilizers, digital UPS, and UPS. The Consumer Durables segment includes solar water heaters and solar inverters. Geographically, the company has operations in India and internationally, of which key revenue is generated within India.

V-Guard Industries Headlines

No Headlines