Rangpur Dairy & Food Products (DHA:RDFOOD) LT-Debt-to-Total-Asset

: 0.02 (As of Sep. 2023)

View and export this data going back to 2011. Start your Free Trial

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. Rangpur Dairy & Food Products's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.02.

Rangpur Dairy & Food Products's long-term debt to total assets ratio increased from Sep. 2022 (0.02) to Sep. 2023 (0.02). It may suggest that Rangpur Dairy & Food Products is progressively becoming more dependent on debt to grow their business.

Rangpur Dairy & Food Products LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rangpur Dairy & Food Products'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.

Rangpur Dairy & Food Products Annual Data

Trend

Dec13

Dec14

Dec15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

0.01

0.02

Rangpur Dairy & Food Products Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset																0.02	0.02	0.02	0.02	0.02

Rangpur Dairy & Food Products LT-Debt-to-Total-Asset Calculation

Rangpur Dairy & Food Products's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	35.605	/	1714.08
	=	0.02

Rangpur Dairy & Food Products's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	37.413	/	1710.079
	=	0.02

Rangpur Dairy & Food Products (DHA:RDFOOD) 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.

Rangpur Dairy & Food Products LT-Debt-to-Total-Asset Related Terms

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

Rangpur Dairy & Food Products (DHA:RDFOOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rangpur Dairy & Food Products Ltd (DHA:RDFOOD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

22/19, Khiljee Road, Mohammadpur, Dhaka, BGD, 1207

Website

https://www.rdmilk.com

Rangpur Dairy & Food Products Ltd is engaged in the manufacturing of pasteurized and flavored milk, ghee, butter, mango drinks, fried dal, special toast biscuits, laccha semai, potato chips, jhal muri, and different types of candy and milk products.

Rangpur Dairy & Food Products (DHA:RDFOOD) Headlines

No Headlines