Metkore Alloys & Industries (BOM:532990) LT-Debt-to-Total-Asset: 0.09 (As of Sep. 2018)

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What is Metkore Alloys & Industries LT-Debt-to-Total-Asset?

Metkore Alloys & Industries BOM:532990 LT-Debt-to-Total-Asset is 0.09 as of Sep. 2018.

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. Metkore Alloys & Industries's long-term debt to total assests ratio for the quarter that ended in Sep. 2018 was 0.09.

Metkore Alloys & Industries's long-term debt to total assets ratio increased from Sep. 2017 (0.00) to Sep. 2018 (0.09). It may suggest that Metkore Alloys & Industries is progressively becoming more dependent on debt to grow their business.

Metkore Alloys & Industries  (BOM:532990) 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.

Metkore Alloys & Industries LT-Debt-to-Total-Asset Related Terms

Metkore Alloys & Industries LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Metkore Alloys & 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.

Metkore Alloys & Industries LT-Debt-to-Total-Asset Chart

Metkore Alloys & Industries Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Metkore Alloys & Industries Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.00 0.00 0.00 0.00 0.09

Metkore Alloys & Industries LT-Debt-to-Total-Asset Calculation

Metkore Alloys & Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2018 is calculated as

LT Debt to Total Assets (A: Mar. 2018 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2018 )/Total Assets (A: Mar. 2018 )
=0/1070.043
=0.00

Metkore Alloys & Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

LT Debt to Total Assets (Q: Sep. 2018 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2018 )/Total Assets (Q: Sep. 2018 )
=86.512/1016.476
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.09 mean?
Metkore Alloys & Industries (BOM:532990) has a LT-Debt-to-Total-Asset of 0.09 as of Sep. 2018. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Metkore Alloys & Industries and its competitors.
Is Metkore Alloys & Industries' LT-Debt-to-Total-Asset too high?
Metkore Alloys & Industries' current LT-Debt-to-Total-Asset is 0.09.
How does Metkore Alloys & Industries' LT-Debt-to-Total-Asset compare to competitors?
Metkore Alloys & Industries' LT-Debt-to-Total-Asset of 0.09 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Metkore Alloys & Industries and its competitors. Metkore Alloys & Industries's current LT-Debt-to-Total-Asset is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metkore Alloys & Industries stock overvalued right now?
Metkore Alloys & Industries (BOM:532990) has a current LT-Debt-to-Total-Asset of 0.09. The current LT-Debt-to-Total-Asset is 0.09. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Metkore Alloys & Industries (BOM:532990), the current LT-Debt-to-Total-Asset is 0.09 as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Metkore Alloys & Industries Business Description

Address 28th Main Road, Number 1914, 2nd Floor, 'C Cross, Jayanagar 9th Block (East), Bangalore, KA, IND, 560069
Metkore Alloys & Industries Ltd is engaged in manufacturing and selling various types of ferrous and non-ferrous metals, alloys steels, ferroalloys, manganese alloys and other metals alloys. The product line of the company consists ferrochrome, and other traded ferroalloy and related products such as ore, coal, coke, charcoal, anthracite coal, quartzite and other. The company operates through the single segment being Iron and Steel, Ferro Alloys Products.