M K Proteins (BOM:543919) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is M K Proteins 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. M K Proteins's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

M K Proteins's long-term debt to total assets ratio declined from Mar. 2020 (0.07) to Mar. 2024 (0.01). It may suggest that M K Proteins is progressively becoming less dependent on debt to grow their business.

M K Proteins LT-Debt-to-Total-Asset Historical Data

The historical data trend for M K Proteins'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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M K Proteins LT-Debt-to-Total-Asset Chart

M K Proteins Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.07

0.03

0.02

0.01

M K Proteins Quarterly Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.07	0.07	0.03	0.02	0.01

M K Proteins LT-Debt-to-Total-Asset Calculation

M K Proteins'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 )
	=	9.719	/	962.46
	=	0.01

M K Proteins'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 )
	=	9.719	/	962.46
	=	0.01

M K Proteins (BOM:543919) 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.

M K Proteins LT-Debt-to-Total-Asset Related Terms

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M K Proteins (BOM:543919) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » M K Proteins Ltd (BOM:543919) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

MKPL:India

Address

Naraingarh Road, Village Garnala, Ambala, HR, IND, 134003

Website

https://www.mkproteins.in

M K Proteins Ltd is engaged in the manufacturing and trading of vegetable refined oil and by-products like Rice Bran Fatty, Wax, Gums, and Spent among others. The company is also engaged in trading of various products including Rice Bran Oil and other items.

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