Prataap Snacks (BOM:540724) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)

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What is Prataap Snacks 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. Prataap Snacks's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

Prataap Snacks's long-term debt to total assets ratio increased from Sep. 2023 (0.04) to Sep. 2024 (0.04). It may suggest that Prataap Snacks is progressively becoming more dependent on debt to grow their business.

Prataap Snacks LT-Debt-to-Total-Asset Historical Data

The historical data trend for Prataap Snacks'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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Prataap Snacks LT-Debt-to-Total-Asset Chart

Prataap Snacks Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.06

0.04

0.06

Prataap Snacks 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															0.04	-	0.06	-	0.04

Prataap Snacks LT-Debt-to-Total-Asset Calculation

Prataap Snacks'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 )
	=	562.273	/	10115.34
	=	0.06

Prataap Snacks'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 )
	=	447.006	/	10280.899
	=	0.04

Prataap Snacks (BOM:540724) 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.

Prataap Snacks LT-Debt-to-Total-Asset Related Terms

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Prataap Snacks Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Prataap Snacks Ltd (BOM:540724) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

DIAMONDYD:India

Address

Nemawar Road, Palda, Khasra Number 378/2, Near Makrand House, Indore, MP, IND, 452 020

Website

https://www.yellowdiamond.in

Prataap Snacks Ltd is a snack company. Its product portfolio consists of Extruded Snacks including Puffs, Rings, and Pellets products, Chips including fried, and sliced chips/crisps, and Namkeen including moong dal, masala or fried nuts, sev, and bhujia. The company's only segment is snacks food. Geographically, it derives a majority of its revenue from India.

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