Sapphire Foods India (BOM:543397) LT-Debt-to-Total-Asset : 0.37 (As of Sep. 2024)

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What is Sapphire Foods India 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. Sapphire Foods India's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.37.

Sapphire Foods India's long-term debt to total assets ratio increased from Sep. 2023 (0.31) to Sep. 2024 (0.37). It may suggest that Sapphire Foods India is progressively becoming more dependent on debt to grow their business.

Sapphire Foods India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sapphire Foods India'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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Sapphire Foods India LT-Debt-to-Total-Asset Chart

Sapphire Foods India Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.40

0.32

0.31

0.37

Sapphire Foods India Quarterly Data
	Mar19	Mar20	Jun20	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														0.31	-	0.37	-	0.37

Sapphire Foods India LT-Debt-to-Total-Asset Calculation

Sapphire Foods India'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 )
	=	10372.78	/	28400.81
	=	0.37

Sapphire Foods India'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 )
	=	10713.11	/	29228.36
	=	0.37

Sapphire Foods India (BOM:543397) 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.

Sapphire Foods India LT-Debt-to-Total-Asset Related Terms

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Sapphire Foods India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Sapphire Foods India Ltd (BOM:543397) » Definitions » LT-Debt-to-Total-Asset

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SAPPHIRE:India

Address

Mindspace, Link Road, 702, Prism Tower, A Wing, Goregaon (West), Mumbai, MH, IND, 400 062

Website

https://www.sapphirefoods.in

Sapphire Foods India Ltd is the largest franchisee of Yum! Brands in the Indian subcontinent, with a track record of successfully operating more than Four hundred KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives. Its business activity majorly falls within a single business and geographical segment which is Food and Beverages.

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