Command Polymers (BOM:543843) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Command Polymers 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. Command Polymers's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.04.

Command Polymers's long-term debt to total assets ratio increased from Mar. 2021 (0.00) to Sep. 2023 (0.04). It may suggest that Command Polymers is progressively becoming more dependent on debt to grow their business.

Command Polymers LT-Debt-to-Total-Asset Historical Data

The historical data trend for Command Polymers'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.

Command Polymers LT-Debt-to-Total-Asset Chart

Command Polymers Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.13

Command Polymers Quarterly Data
	Mar20	Mar21	Mar22	Dec22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	0.07	0.13	0.04

Command Polymers LT-Debt-to-Total-Asset Calculation

Command Polymers'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 )
	=	34.124	/	266.05
	=	0.13

Command Polymers'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 )
	=	10.996	/	255.513
	=

Command Polymers (BOM:543843) 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.

Command Polymers LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Command Polymers's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Command Polymers (BOM:543843) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Command Polymers Ltd (BOM:543843) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mouza Malancha, J.L.No.87, P.O. Narayanpur, P.S Bhangar, District 24 Parganas (South), Kolkata, WB, IND, 743502

Website

https://www.commandpolymers.com

Command Polymers Ltd is in the business of marketing and manufacturing of Polymer-based products. These products include Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and other polymers.

Command Polymers (BOM:543843) Headlines

No Headlines