Magadh Sugar & Energy (BOM:540650) LT-Debt-to-Total-Asset : 0.13 (As of Sep. 2024)

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What is Magadh Sugar & Energy 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. Magadh Sugar & Energy's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.13.

Magadh Sugar & Energy's long-term debt to total assets ratio increased from Sep. 2023 (0.10) to Sep. 2024 (0.13). It may suggest that Magadh Sugar & Energy is progressively becoming more dependent on debt to grow their business.

Magadh Sugar & Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Magadh Sugar & Energy'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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Magadh Sugar & Energy LT-Debt-to-Total-Asset Chart

Magadh Sugar & Energy Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.08

0.06

0.10

0.09

0.05

Magadh Sugar & Energy 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	-	0.05	-	0.13

Magadh Sugar & Energy LT-Debt-to-Total-Asset Calculation

Magadh Sugar & Energy'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 )
	=	724.849	/	16110.731
	=	0.04

Magadh Sugar & Energy'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 )
	=	1559.131	/	12334.406
	=	0.13

Magadh Sugar & Energy (BOM:540650) 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.

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Magadh Sugar & Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Magadh Sugar & Energy Ltd (BOM:540650) » Definitions » LT-Debt-to-Total-Asset

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MAGADSUGAR:India

Address

9/1, R.N. Mukherjee Road, Birla Building, 5th Floor, Kolkata, WB, IND, 700 001

Website

https://www.birla-sugar.com

Magadh Sugar & Energy ltd is engaged in the business of sugar and its by-products. The company operates through the following business segments: Sugar, Distillery, and Co-generation. The product portfolio of the company includes sugar, molasses, industrial alcohol and ethanol, canned food, and fruit products. Its sugar segment engages in the manufacture and sale of sugar, molasses and bagasse; Distillery segment engages in the manufacture and sale of denatured spirits (including ethanol) and bio-compost; and Co-generation engages in the generation and transmission of power.

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