Ambo Agritec (BOM:543678) LT-Debt-to-Total-Asset : 0.07 (As of Sep. 2023)

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What is Ambo Agritec 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. Ambo Agritec's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.07.

Ambo Agritec's long-term debt to total assets ratio declined from Mar. 2022 (0.16) to Sep. 2023 (0.07). It may suggest that Ambo Agritec is progressively becoming less dependent on debt to grow their business.

Ambo Agritec LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ambo Agritec'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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Ambo Agritec LT-Debt-to-Total-Asset Chart

Ambo Agritec Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.12

0.17

0.16

0.08

Ambo Agritec Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23
LT-Debt-to-Total-Asset	0.12	0.17	0.16	0.08	0.07

Ambo Agritec LT-Debt-to-Total-Asset Calculation

Ambo Agritec's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	30.484	/	390.411
	=	0.08

Ambo Agritec's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	25.469	/	386.708
	=	0.07

Ambo Agritec (BOM:543678) 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.

Ambo Agritec LT-Debt-to-Total-Asset Related Terms

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Ambo Agritec (BOM:543678) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ambo Agritec Ltd (BOM:543678) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

3, Pretoria Street, Chandrakunj Building, 2nd Floor, Kolkata, WB, IND, 700071

Website

https://www.amboagritec.com

Ambo Agritec Ltd is primarily engaged in the business of manufacturing biscuits, outsourced manufacturing of edible oils, vanaspati, and bengali speciality products. In addition to this, the company is also engaged in trading crude linseed oil, and soya bean meal.

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