Gatron Industries (KAR:GATI) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2024)

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What is Gatron Industries 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. Gatron Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.20.

Gatron Industries's long-term debt to total assets ratio declined from Mar. 2023 (0.23) to Mar. 2024 (0.20). It may suggest that Gatron Industries is progressively becoming less dependent on debt to grow their business.

Gatron Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gatron Industries'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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Gatron Industries LT-Debt-to-Total-Asset Chart

Gatron Industries Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.01

0.06

0.16

0.21

0.20

Gatron Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.23	0.20	0.18	0.21	0.20

Gatron Industries LT-Debt-to-Total-Asset Calculation

Gatron Industries'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 )
	=	8179.328	/	40702.111
	=	0.20

Gatron Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	8287.975	/	41462.37
	=	0.20

Gatron Industries (KAR:GATI) 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.

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Gatron Industries (KAR:GATI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gatron Industries Ltd (KAR:GATI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Jinnah Road, 1st Floor, Ahmed Complex, Room No. 32, Quetta, PAK

Website

http://www.gatron.com

Gatron Industries Ltd is involved in the manufacturing of Polyester Filament Yarn along with its raw material Yarn Grade Polyester Chips. The company also produces other varieties of Polyester Chips, Bottle Grade as well as PET Preforms. It operates in two segments: Polyester Filament Yarn and Polyester PET Preforms. Substantial revenue is generated from the Polyester Filament Yarn segment.

Gatron Industries (KAR:GATI) Headlines

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