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Associated Coaters (BOM:544183) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)


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What is Associated Coaters 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. Associated Coaters's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Associated Coaters's long-term debt to total assets ratio declined from Mar. 2023 (0.03) to Sep. 2024 (0.01). It may suggest that Associated Coaters is progressively becoming less dependent on debt to grow their business.


Associated Coaters LT-Debt-to-Total-Asset Historical Data

The historical data trend for Associated Coaters'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.

Associated Coaters LT-Debt-to-Total-Asset Chart

Associated Coaters Annual Data
Trend Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
0.07 0.05 0.03

Associated Coaters Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
LT-Debt-to-Total-Asset 0.07 0.05 0.03 0.09 0.01

Associated Coaters LT-Debt-to-Total-Asset Calculation

Associated Coaters'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 )
=0.99/29.612
=0.03

Associated Coaters'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 )
=0.99/88.886
=0.01

* 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.


Associated Coaters  (BOM:544183) 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.


Associated Coaters LT-Debt-to-Total-Asset Related Terms

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Associated Coaters Business Description

Traded in Other Exchanges
N/A
Address
Ashuti Khanberia Maheshtala LP 20/83/46, Vivekanandapur, South 24 Parganas, Thakurpukur Mahestola, Kolkata, WB, IND, 700141
Associated Coaters Ltd is engaged in the business of providing services by way of pre-treatment and powder coating of aluminium extrusions in the Architect and Real Estate Industry.

Associated Coaters Headlines

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