Dindigul farm Product (BOM:544201) LT-Debt-to-Total-Asset : 0.68 (As of Mar. 2023)

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What is Dindigul farm Product 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. Dindigul farm Product's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.68.

Dindigul farm Product's long-term debt to total assets ratio declined from Mar. 2021 (0.71) to Mar. 2023 (0.68). It may suggest that Dindigul farm Product is progressively becoming less dependent on debt to grow their business.

Dindigul farm Product LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dindigul farm Product'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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Dindigul farm Product LT-Debt-to-Total-Asset Chart

Dindigul farm Product Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.11

0.71

0.78

0.68

Dindigul farm Product Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
LT-Debt-to-Total-Asset	0.11	0.71	0.78	0.68

Dindigul farm Product LT-Debt-to-Total-Asset Calculation

Dindigul farm Product'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 )
	=	196.136	/	289.984
	=	0.68

Dindigul farm Product's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	196.136	/	289.984
	=	0.68

Dindigul farm Product (BOM:544201) 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.

Dindigul farm Product LT-Debt-to-Total-Asset Related Terms

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Dindigul farm Product Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dindigul farm Product Ltd (BOM:544201) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2/52-3, Pillaiyarnatham, Pithalaipatty Post, Dindigul, TN, IND, 624002

Website

https://www.ennutrica.com

Dindigul farm Product Ltd is engaged in the processing of whole milk and skimmed milk to make dairy ingredients including milk protein concentrates, skimmed milk powder, dairy whitener, whey protein concentrate, milk whey powder, casein, unbranded cream, butter and fat-filled powders for infant milk formula. The company's products include Milk Protein Concentrate (MPC), Skimmed Milk Powder (SMP), Whey Powder (WP), and Casein, Sodium Caseinate, Fat Filled Powder, etc.

Dindigul farm Product Headlines

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