Sejal Glass (BOM:532993) LT-Debt-to-Total-Asset : 0.51 (As of Sep. 2024)

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What is Sejal Glass 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. Sejal Glass's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.51.

Sejal Glass's long-term debt to total assets ratio increased from Sep. 2023 (0.50) to Sep. 2024 (0.51). It may suggest that Sejal Glass is progressively becoming more dependent on debt to grow their business.

Sejal Glass LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sejal Glass'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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Sejal Glass LT-Debt-to-Total-Asset Chart

Sejal Glass Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.12

0.60

Sejal Glass 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															0.50	-	0.60	-	0.51

Sejal Glass LT-Debt-to-Total-Asset Calculation

Sejal Glass'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 )
	=	1392.67	/	2303.969
	=	0.60

Sejal Glass'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 )
	=	1322.273	/	2570.851
	=	0.51

Sejal Glass (BOM:532993) 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.

Sejal Glass LT-Debt-to-Total-Asset Related Terms

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Sejal Glass Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sejal Glass Ltd (BOM:532993) » Definitions » LT-Debt-to-Total-Asset

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SEJALLTD:India

Address

S. V. Road, Opposite Bata Showroom, 173/174, Sejal Encasa, 3rd Floor, Kandivali (West), Mumbai, MH, IND, 400067

Website

https://www.sejalglass.co.in

Sejal Glass Ltd is engaged in the business of manufacturing and processing architectural glass and glass-related products. The products portfolio includes solid glass, kool glass, tone glass, fort glass, armor glass, decor glass, and other products. The Company has only one primary segment which is in Glass Processing Business.

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