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Maruti Interior Products (BOM:543464) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)


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What is Maruti Interior Products 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. Maruti Interior Products's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Maruti Interior Products's long-term debt to total assets ratio declined from Sep. 2023 (0.05) to Sep. 2024 (0.03). It may suggest that Maruti Interior Products is progressively becoming less dependent on debt to grow their business.


Maruti Interior Products LT-Debt-to-Total-Asset Historical Data

The historical data trend for Maruti Interior Products'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.

* Premium members only.

Maruti Interior Products LT-Debt-to-Total-Asset Chart

Maruti Interior Products Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.06 0.09 0.04 0.04 0.03

Maruti Interior Products Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.04 0.05 0.03 0.03

Maruti Interior Products LT-Debt-to-Total-Asset Calculation

Maruti Interior Products'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 )
=12.186/403.895
=0.03

Maruti Interior Products'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 )
=12.183/452.297
=0.03

* 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.


Maruti Interior Products  (BOM:543464) 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.


Maruti Interior Products LT-Debt-to-Total-Asset Related Terms

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Maruti Interior Products Business Description

Traded in Other Exchanges
N/A
Address
Survey No. 236, Krishna Ind Estate, Plot No. 13, Veraval, Taluka Kotda Sangani, Rajkot, GJ, IND, 360024
Maruti Interior Products Ltd is engaged in the manufacturing and domestic sale and export of modular kitchen storage systems, aluminum long wardrobe handles, and profile handles. The company has a wide range of product offerings for different customer segments. The brand Everyday Kitchen is focused on economic products while the other brand Spitze by Everyday offers premium products. The products of the company include Spitze Aluminium Profile handles, Wire shelving system, Spitze cabinet pull handles, Spitze wardrobe handles, and others.

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