Bhatia Colour Chem (BOM:543497) LT-Debt-to-Total-Asset : 0.19 (As of Mar. 2024)

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What is Bhatia Colour Chem 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. Bhatia Colour Chem's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.19.

Bhatia Colour Chem's long-term debt to total assets ratio increased from Mar. 2023 (0.17) to Mar. 2024 (0.19). It may suggest that Bhatia Colour Chem is progressively becoming more dependent on debt to grow their business.

Bhatia Colour Chem LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bhatia Colour Chem'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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Bhatia Colour Chem LT-Debt-to-Total-Asset Chart

Bhatia Colour Chem Annual Data

Trend

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.14

0.17

0.19

Bhatia Colour Chem Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.14	0.16	0.17	0.12	0.19

Bhatia Colour Chem LT-Debt-to-Total-Asset Calculation

Bhatia Colour Chem'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 )
	=	192.654	/	1023.342
	=	0.19

Bhatia Colour Chem's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	192.654	/	1023.342
	=	0.19

Bhatia Colour Chem (BOM:543497) 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.

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Bhatia Colour Chem Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bhatia Colour Chem Ltd (BOM:543497) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Road No. 1 Udhna Udhyog, Plot No. Plot No. A/2/12, Sangh, Udhna, Surat, GJ, IND, 394210

Website

https://www.bccl.info

Bhatia Colour Chem Ltd Ltd specializes in the trading and manufacturing of chemicals, dyes, and auxiliary products. The company produces Value Added Printing Products, Textile Auxiliaries and Chemicals, Foil Binders, Glitter Powder, Printing Inks, and Zari Binders with a variety of ranges and specialization as per the demand of the client. The products are mainly useful for the printing on Textile materials like Polyester and Cotton which includes, ambos on T-shirts, Zari Prints, and shading.

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