Sun Retail (BOM:542025) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2023)

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What is Sun Retail 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. Sun Retail's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.06.

Sun Retail's long-term debt to total assets ratio declined from Sep. 2022 (0.11) to Sep. 2023 (0.06). It may suggest that Sun Retail is progressively becoming less dependent on debt to grow their business.

Sun Retail LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sun Retail'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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Sun Retail LT-Debt-to-Total-Asset Chart

Sun Retail Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.12

0.09

0.06

0.03

0.20

Sun Retail Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.04	0.03	0.11	0.20	0.06

Sun Retail LT-Debt-to-Total-Asset Calculation

Sun Retail's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	65.604	/	330.836
	=	0.20

Sun Retail's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	18.367	/	322.44
	=	0.06

Sun Retail (BOM:542025) 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.

Sun Retail LT-Debt-to-Total-Asset Related Terms

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Sun Retail (BOM:542025) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sun Retail Ltd (BOM:542025) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

722, Gala Empire, Drive in Road,, Opp. Tv Tower Thaltej, Ahmedabad, GJ, IND, 380009

Website

https://www.sunretail.in

Sun Retail Ltd is an Indian firm engaged in the processing, packaging, and trading of various edible oils and oilseeds. The main products of the company include cottonseed oil, groundnut oil, and sunflower oil. Further, the company also performs the activity of bulk trading of palm olein oil and soyabean oil. The products are sold under the brand names Dharti and Dharti Singtel.

Sun Retail (BOM:542025) Headlines

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