Allied Blenders and Distillers (BOM:544203) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Allied Blenders and Distillers 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. Allied Blenders and Distillers's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Allied Blenders and Distillers's long-term debt to total assets ratio declined from Mar. 2023 (0.06) to Sep. 2024 (0.00). It may suggest that Allied Blenders and Distillers is progressively becoming less dependent on debt to grow their business.

Allied Blenders and Distillers LT-Debt-to-Total-Asset Historical Data

The historical data trend for Allied Blenders and Distillers'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.

Allied Blenders and Distillers LT-Debt-to-Total-Asset Chart

Allied Blenders and Distillers Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.11

0.10

0.09

0.06

Allied Blenders and Distillers Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23	Sep23	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.10	0.09	0.06	-	-

Allied Blenders and Distillers LT-Debt-to-Total-Asset Calculation

Allied Blenders and Distillers'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 )
	=	1520.05	/	24877.02
	=	0.06

Allied Blenders and Distillers'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 )
	=	86.896	/	32032.779
	=	0.00

Allied Blenders and Distillers (BOM:544203) 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.

Allied Blenders and Distillers LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Allied Blenders and Distillers's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Allied Blenders and Distillers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Allied Blenders and Distillers Ltd (BOM:544203) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

ABDL:India

Address

Shankar Rao Naram Marg, Ashford Centre, 3rd and 4th floor, Lower Parel West, Mumbai, MH, IND, 400013

Website

https://www.abdindia.com

Allied Blenders and Distillers Ltd is an Indian-owned Indian-made foreign liquor (IMFL) company that manufactures, purchases, and sells alcoholic beverages. Its product range includes five categories of IMFL, i.e., whisky, brandy, rum, vodka, and gin, and it also sells packaged drinking water. The company sells the products under the brand names: Officer's Choice Whisky, Officer's Choice Blue, Sterling Reserve, and ICONiQ Whisky brand. Geographically, the company generates maximum revenue within India and the rest from outside India.

Allied Blenders and Distillers Headlines

No Headlines