Kahan Packaging (BOM:543979) LT-Debt-to-Total-Asset : 0.12 (As of Sep. 2024)

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What is Kahan Packaging 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. Kahan Packaging's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.12.

Kahan Packaging's long-term debt to total assets ratio declined from Sep. 2023 (0.13) to Sep. 2024 (0.12). It may suggest that Kahan Packaging is progressively becoming less dependent on debt to grow their business.

Kahan Packaging LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kahan Packaging'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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Kahan Packaging LT-Debt-to-Total-Asset Chart

Kahan Packaging Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.31

0.26

0.29

0.15

Kahan Packaging Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.26	0.29	0.13	0.15	0.12

Kahan Packaging LT-Debt-to-Total-Asset Calculation

Kahan Packaging'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 )
	=	28.589	/	196.599
	=	0.15

Kahan Packaging'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 )
	=	25.312	/	219.534
	=	0.12

Kahan Packaging (BOM:543979) 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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Kahan Packaging Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Kahan Packaging Ltd (BOM:543979) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

212, Jhalawar Service Premises, E S Patanwalla Compound, Opp. Shreyas Talkies, L.B.S.Marg, Ghatkopar - West, Mumbai, MH, IND, 400086

Website

https://www.kpackltd.com

Kahan Packaging Ltd is a company in the business of manufacturing and supply of Polypropylene / High Density Polyethylene, HDPE Woven Fabric- Laminated, HDPE/PP woven sacks, Woven Fabric- UnLaminated, PP Woven Bag, PP Woven Bag with Liner, Printed Laminates for Flexible Packaging, woven polymer based products of different weight, sizes and colors as per customer's specifications. It offers customized bulk packaging solutions to business-to business (B2B) manufacturers catering to different industries such as Agro Pesticides Industry, Cement Industry, Chemical Industry, Fertilizer Industry, Food Products Industry.

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