Rajeshwari Cans (BOM:543285) LT-Debt-to-Total-Asset : 0.26 (As of Sep. 2024)

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What is Rajeshwari Cans 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. Rajeshwari Cans's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.26.

Rajeshwari Cans's long-term debt to total assets ratio increased from Sep. 2023 (0.18) to Sep. 2024 (0.26). It may suggest that Rajeshwari Cans is progressively becoming more dependent on debt to grow their business.

Rajeshwari Cans LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rajeshwari Cans'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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Rajeshwari Cans LT-Debt-to-Total-Asset Chart

Rajeshwari Cans Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.30

0.25

0.16

0.19

0.15

Rajeshwari Cans Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.25	0.19	0.18	0.15	0.26

Rajeshwari Cans LT-Debt-to-Total-Asset Calculation

Rajeshwari Cans'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 )
	=	31.936	/	215.29
	=	0.15

Rajeshwari Cans'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 )
	=	71.173	/	272.768
	=	0.26

Rajeshwari Cans (BOM:543285) 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.

Rajeshwari Cans LT-Debt-to-Total-Asset Related Terms

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Rajeshwari Cans Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Rajeshwari Cans Ltd (BOM:543285) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

96, Mahagujarat, Industrial Estate, Moraiya, Taluka: Sanand, Nr. Arto Off Print, Ahmedabad, GJ, IND, 382210

Website

http://www.rajeshwaricans.com

Rajeshwari Cans Ltd is engaged in the business of manufacturing round-printed tin containers of various sizes which are used as packing material. The company supplies tin containers to customers engaged in the business of tobacco manufacturing and paint manufacturing. The company generates all of its revenue within India.

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