Veedol (BOM:590005) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Veedol 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. Veedol's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Veedol's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.02). It may suggest that Veedol is progressively becoming more dependent on debt to grow their business.

Veedol LT-Debt-to-Total-Asset Historical Data

The historical data trend for Veedol'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.

Veedol LT-Debt-to-Total-Asset Chart

Veedol Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

Veedol Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	0.02

Veedol LT-Debt-to-Total-Asset Calculation

Veedol'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 )
	=	8.5	/	11562.1
	=	0.00

Veedol'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 )
	=	193.4	/	12112.2
	=	0.02

Veedol (BOM:590005) 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.

Veedol LT-Debt-to-Total-Asset Related Terms

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

Veedol Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Veedol Corp Ltd (BOM:590005) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VEEDOL:India

Address

8, Dr. Rajendra Prasad Sarani, Yule House, Kolkata, WB, IND, 700001

Website

https://www.veedolindia.com

Veedol Corp Ltd is a manufacturer and marketer of quality lubricants in over 70 countries around the globe. The Veedol range of products includes high-performance engine oils for passenger cars, two/three-wheelers, heavy commercial vehicles, off-highway vehicles, buses and tractors. It also has gear oils, transmission oils, coolants, brake oil and greases for all automotive applications as well as a wide range of industrial and speciality lubricants catering to diverse industry applications. The entire product range offers appropriate choices for various applications and performance levels keeping pace with the latest technical requirements of OEMs.

Veedol Headlines

No Headlines