Aisha Steel Mills (KAR:ASL) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Aisha Steel Mills 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. Aisha Steel Mills's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Aisha Steel Mills's long-term debt to total assets ratio declined from Dec. 2023 (0.07) to Dec. 2024 (0.01). It may suggest that Aisha Steel Mills is progressively becoming less dependent on debt to grow their business.

Aisha Steel Mills LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aisha Steel Mills'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.

Aisha Steel Mills LT-Debt-to-Total-Asset Chart

Aisha Steel Mills Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.27

0.17

0.11

0.09

0.02

Aisha Steel Mills Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.06	0.02	0.02	0.01

Aisha Steel Mills LT-Debt-to-Total-Asset Calculation

Aisha Steel Mills's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	743.712	/	40597.158
	=	0.02

Aisha Steel Mills's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	475.431	/	37356.263
	=	0.01

Aisha Steel Mills (KAR:ASL) 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.

Aisha Steel Mills LT-Debt-to-Total-Asset Related Terms

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

Aisha Steel Mills Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Aisha Steel Mills Ltd (KAR:ASL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ASLPS.PFD:Pakistan

Address

23 M.T. Khan Road, 1st Floor, Arif Habib Center, Karachi, SD, PAK, 74000

Website

https://www.aishasteel.com

Aisha Steel Mills Ltd is involved in manufacturing and selling cold rolled steel coils and sheets to the industrial, engineering, and manufacturing industries in Pakistan. Its product offerings include hot-dipped galvanized steel coils, cold-rolled steel coils, and others. The company geographically operates in Pakistan, North America, Middle East, Europe and Asia. The majority of revenue is derived from Pakistan.

Aisha Steel Mills Headlines

No Headlines