Sona BLW Precision Forgings (BOM:543300) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is Sona BLW Precision Forgings 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. Sona BLW Precision Forgings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Sona BLW Precision Forgings's long-term debt to total assets ratio declined from Sep. 2023 (0.04) to Sep. 2024 (0.03). It may suggest that Sona BLW Precision Forgings is progressively becoming less dependent on debt to grow their business.

Sona BLW Precision Forgings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sona BLW Precision Forgings'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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Sona BLW Precision Forgings LT-Debt-to-Total-Asset Chart

Sona BLW Precision Forgings Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.12

0.04

0.05

Sona BLW Precision Forgings Quarterly Data
	Mar19	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	-	0.05	-	0.03

Sona BLW Precision Forgings LT-Debt-to-Total-Asset Calculation

Sona BLW Precision Forgings'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 )
	=	1983.78	/	38649.13
	=	0.05

Sona BLW Precision Forgings'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 )
	=	1843.29	/	62902.44
	=	0.03

Sona BLW Precision Forgings (BOM:543300) 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.

Sona BLW Precision Forgings LT-Debt-to-Total-Asset Related Terms

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Sona BLW Precision Forgings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sona BLW Precision Forgings Ltd (BOM:543300) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

SONACOMS:India

Address

Sona Enclave, Sector 35, Post box No. 90, Village Begumpur Khatola, Gurugram, HR, IND, 122 004

Website

https://www.sonacomstar.com

Sona BLW Precision Forgings Ltd is an automotive technology company in India. It is primarily engaged in designing, manufacturing, and supplying of precision forged bevel gears and differential case assemblies, conventional and micro-hybrid starter motors, EV traction motors for automotive and other applications. The Company's operating business is organised and managed according to a single primary reportable business segment namely Automotive Components. Geographically, it derives a majority of revenue from Outside India.

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