Tirupati Graphite (LSE:TGR) LT-Debt-to-Total-Asset : 0.08 (As of Sep. 2023)

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What is Tirupati Graphite 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. Tirupati Graphite's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.08.

Tirupati Graphite's long-term debt to total assets ratio declined from Sep. 2022 (0.11) to Sep. 2023 (0.08). It may suggest that Tirupati Graphite is progressively becoming less dependent on debt to grow their business.

Tirupati Graphite LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tirupati Graphite'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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Tirupati Graphite LT-Debt-to-Total-Asset Chart

Tirupati Graphite Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.01

0.13

0.03

0.09

Tirupati Graphite Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.07	0.03	0.11	0.09	0.08

Tirupati Graphite LT-Debt-to-Total-Asset Calculation

Tirupati Graphite's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	1.894	/	21.336
	=	0.09

Tirupati Graphite'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 )
	=	2.8	/	36.301
	=	0.08

Tirupati Graphite (LSE:TGR) 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.

Tirupati Graphite LT-Debt-to-Total-Asset Related Terms

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Tirupati Graphite (LSE:TGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tirupati Graphite PLC (LSE:TGR) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

TGRHF:USA 0WL:Germany

Address

118 Piccadilly, London, GBR, W1J 7NW

Website

https://www.tirupatigraphite.co.uk

Tirupati Graphite Plc is developing its business as a specialist flake graphite company and developing materials, which contributes to the green economy being critical to the energy transition goal. It operates in three primary business segments: Holding Companies Expenses, Mining Exploration and Development and Graphite Mining Extraction. The products and uses for which it is employed include lithiumion batteries, fuel cells, two-dimensional graphene, water purification, electronics, fibre optics, spintronics, refractories, electrical products, electric vehicles, flame retardants, solid-state high-temperature lubricant, conductive polymers and friction materials. The company is focused on developing the Vatomina Project and the Sahamamy Project.

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