Cantabil Retail India (BOM:533267) LT-Debt-to-Total-Asset : 0.36 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Cantabil Retail India 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. Cantabil Retail India's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.36.

Cantabil Retail India's long-term debt to total assets ratio declined from Mar. 2023 (0.37) to Mar. 2024 (0.36). It may suggest that Cantabil Retail India is progressively becoming less dependent on debt to grow their business.

Cantabil Retail India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cantabil Retail India'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.

Cantabil Retail India LT-Debt-to-Total-Asset Chart

Cantabil Retail India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.47

0.45

0.43

0.37

0.36

Cantabil Retail India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.37	-	0.35	-	0.36

Cantabil Retail India LT-Debt-to-Total-Asset Calculation

Cantabil Retail India'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 )
	=	2795.643	/	7743.76
	=	0.36

Cantabil Retail India's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	2795.643	/	7743.76
	=	0.36

Cantabil Retail India (BOM:533267) 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.

Cantabil Retail India LT-Debt-to-Total-Asset Related Terms

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

Cantabil Retail India (BOM:533267) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Cantabil Retail India Ltd (BOM:533267) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CANTABIL:India

Address

Lawrence Road, B- 16, Ground Floor, Industrial Area, New Delhi, IND, 110 035

Website

https://www.cantabilinternational.com

Cantabil Retail India Ltd is a garment manufacturing and retailing company. The principal business activities of the company include designing, manufacturing, branding, and retailing apparel through a chain of retail stores. The company also retails various accessories like ties, belts, socks, caps, and handkerchiefs under the same brand. Its segment includes Men's wear, Women's Wear, Kids Wear, and Accessories. The company generates maximum revenue from Men's Wear.

Cantabil Retail India (BOM:533267) Headlines

No Headlines