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Archean Chemical Industries (BOM:543657) LT-Debt-to-Total-Asset : 0.07 (As of Sep. 2024)


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What is Archean Chemical Industries 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. Archean Chemical Industries's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.07.

Archean Chemical Industries's long-term debt to total assets ratio increased from Sep. 2023 (0.02) to Sep. 2024 (0.07). It may suggest that Archean Chemical Industries is progressively becoming more dependent on debt to grow their business.

Archean Chemical Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Archean Chemical Industries'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.

Archean Chemical Industries LT-Debt-to-Total-Asset Chart

Archean Chemical Industries Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
0.62 0.62 0.58 0.02 0.04

Archean Chemical Industries Quarterly Data
Mar20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 - 0.04 - 0.07

Archean Chemical Industries LT-Debt-to-Total-Asset Calculation

Archean Chemical Industries'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 )
=905.849/20558.643
=0.04

Archean Chemical Industries'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 )
=1449.83/21582.157
=0.07

* 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.

Archean Chemical Industries  (BOM:543657) 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.

Archean Chemical Industries LT-Debt-to-Total-Asset Related Terms

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Archean Chemical Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Archean Chemical Industries Ltd (BOM:543657) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
BOM:543336 BOM:500645 BOM:500171 BOM:530001 BOM:500339 BOM:543332 BOM:500670 BOM:506222 BOM:500052 BOM:500150 SAU:2010 TSE:4063 XTER:BAS DOW XKRX:051910 SZSE:002493 SHSE:600989 CE XKLS:5183 XKRX:086520
Traded in Other Exchanges
ACI:India
Address
No. 2, North Crescent Road, T Nagar, Chennai, TN, IND, 600017
Website
https://www.archeanchemicals.com
Archean Chemical Industries Ltd exporter of bromine and industrial salt. It is a specialty marine chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world. The company generates a majority of its revenue from overseas markets and the rest from India.

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