New Swan Multitech (BOM:544082) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2024)

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What is New Swan Multitech 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. New Swan Multitech's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.10.

New Swan Multitech's long-term debt to total assets ratio declined from Sep. 2023 (0.12) to Sep. 2024 (0.10). It may suggest that New Swan Multitech is progressively becoming less dependent on debt to grow their business.

New Swan Multitech LT-Debt-to-Total-Asset Historical Data

The historical data trend for New Swan Multitech'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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New Swan Multitech LT-Debt-to-Total-Asset Chart

New Swan Multitech Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.18

0.22

0.17

0.11

New Swan Multitech Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.22	0.17	0.12	0.11	0.10

New Swan Multitech LT-Debt-to-Total-Asset Calculation

New Swan Multitech'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 )
	=	172.898	/	1569.738
	=	0.11

New Swan Multitech'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 )
	=	148.807	/	1513.091
	=	0.10

New Swan Multitech (BOM:544082) 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.

New Swan Multitech LT-Debt-to-Total-Asset Related Terms

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New Swan Multitech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » New Swan Multitech Ltd (BOM:544082) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

District Court Complex, Shop No. 310, 3rd Floor, Vardhman Crown Mall, Plot No. 2, Sector-19, Dwarka, South West Delhi, New Delhi, IND, 110075

Website

https://www.swanagro.in

New Swan Multitech Ltd is engaged in the business of manufacturing, trading and export of agricultural implements and Auto Parts. The company's business comprises of only one segment that is Auto Components & Equipments. Its product include potato planter, Rotary Tiller, straw reaper, etc.

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