Aurangabad Distillery (NSE:AURDIS) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2023)

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What is Aurangabad Distillery 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. Aurangabad Distillery's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.07.

Aurangabad Distillery's long-term debt to total assets ratio declined from Mar. 2022 (0.10) to Mar. 2023 (0.07). It may suggest that Aurangabad Distillery is progressively becoming less dependent on debt to grow their business.

Aurangabad Distillery LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aurangabad Distillery'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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Aurangabad Distillery LT-Debt-to-Total-Asset Chart

Aurangabad Distillery Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.08

0.14

0.10

0.07

0.14

Aurangabad Distillery Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												-	0.10	0.28	0.07	0.14

Aurangabad Distillery LT-Debt-to-Total-Asset Calculation

Aurangabad Distillery's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	257.452	/	1841.242
	=	0.14

Aurangabad Distillery's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	111.991	/	1607.558
	=	0.07

Aurangabad Distillery (NSE:AURDIS) 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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Aurangabad Distillery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Aurangabad Distillery Ltd (NSE:AURDIS) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

A/P Walchandnagar, Taluka Indapur, Pune, MH, IND, 413114

Website

https://www.aurangabaddistillery.com

Aurangabad Distillery Ltd is engaged in the manufacture of non-potable alcohol. a molasses-based distillery, the distillery is equipped with the latest equipment and technology to manufacture high-quality. The Product Portfolio Includes Rectified Spirit, Neutral Alcohol, Denatured Spirit, Potash, Bio Potash, and De Potash Vinasse. The Company has two business segments namely, the distillery division and the potash division.

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