Raghuvansh Agrofarms (BOM:538921) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Raghuvansh Agrofarms 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. Raghuvansh Agrofarms's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

Raghuvansh Agrofarms's long-term debt to total assets ratio increased from Mar. 2023 (0.02) to Mar. 2024 (0.13). It may suggest that Raghuvansh Agrofarms is progressively becoming more dependent on debt to grow their business.

Raghuvansh Agrofarms LT-Debt-to-Total-Asset Historical Data

The historical data trend for Raghuvansh Agrofarms'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.

Raghuvansh Agrofarms LT-Debt-to-Total-Asset Chart

Raghuvansh Agrofarms 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

0.13

Raghuvansh Agrofarms Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											-	0.01	0.02	0.02	0.13

Raghuvansh Agrofarms LT-Debt-to-Total-Asset Calculation

Raghuvansh Agrofarms'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 )
	=	115.355	/	919.237
	=	0.13

Raghuvansh Agrofarms'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 )
	=	115.355	/	919.237
	=	0.13

Raghuvansh Agrofarms (BOM:538921) 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.

Raghuvansh Agrofarms LT-Debt-to-Total-Asset Related Terms

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

Raghuvansh Agrofarms (BOM:538921) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Raghuvansh Agrofarms Ltd (BOM:538921) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

14/113, Civil Lines, Cabin No.559, Third Floor, Padam Tower-I, Kanpur, UP, IND, 208001

Website

https://www.raghuvanshagro.com

Raghuvansh Agrofarms Ltd is an Indian agricultural company engaged in the provision of agro commodity trading business. The company's activities include cultivation, processing, and distribution of agricultural products. It also involved in dairy farming and production and distribution of dairy products. The company offers financial, technical, strategic assistance to agricultural and dairy businesses. Its products cover organic vegetables, grains, milk, dairy, vermicompost, wheatgrass as well as fertilizers and ornamental plants.

Raghuvansh Agrofarms (BOM:538921) Headlines

No Headlines