Alumil Rom Industry (BSE:ALU) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is Alumil Rom Industry 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. Alumil Rom Industry's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Alumil Rom Industry's long-term debt to total assets ratio increased from Sep. 2023 (0.02) to Sep. 2024 (0.03). It may suggest that Alumil Rom Industry is progressively becoming more dependent on debt to grow their business.

Alumil Rom Industry LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alumil Rom Industry'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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Alumil Rom Industry LT-Debt-to-Total-Asset Chart

Alumil Rom Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.06

0.04

0.03

0.02

Alumil Rom Industry 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	0.02	0.01	0.02	0.03

Alumil Rom Industry LT-Debt-to-Total-Asset Calculation

Alumil Rom Industry's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1.107	/	75.224
	=	0.01

Alumil Rom Industry'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 )
	=	1.973	/	78.558
	=	0.03

Alumil Rom Industry (BSE:ALU) 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.

Alumil Rom Industry LT-Debt-to-Total-Asset Related Terms

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Alumil Rom Industry Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alumil Rom Industry SA (BSE:ALU) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Soseaua Bucuresti Ploiesti No. 42-44, Sector 1, Baneasa Business and Technology Park, Cladirea A, Bucharest, ROU, 52034

Website

https://www.alumil.com

Alumil Rom Industry SA is a Romania-based company. The company mainly manufactures and trades a range of Aluminum profile systems such as sliding, opening, and partitioning systems and accessories related to these systems, machine tools, and specific tools used for aluminum joinery, interior doors, and decorative Aluminum panels. The company also engages in the processing of profiles through the provision of thermal breaks and electrostatic painting as well as the trade of a large range of profiles, accessories, composite panels (J-Bond), polycarbonate films etc. The product categories of the company are profiles, accessories, polycarbonates, composite aluminum panels, photovoltaic systems, systems for automation applications, waste, services and others.