Auro Impex & Chemicals (NSE:AUROIMPEX) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Auro Impex & Chemicals 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. Auro Impex & Chemicals's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.12.

Auro Impex & Chemicals's long-term debt to total assets ratio declined from Mar. 2022 (0.16) to Mar. 2023 (0.12). It may suggest that Auro Impex & Chemicals is progressively becoming less dependent on debt to grow their business.

Auro Impex & Chemicals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Auro Impex & Chemicals'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.

Auro Impex & Chemicals LT-Debt-to-Total-Asset Chart

Auro Impex & Chemicals Annual Data

Trend

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.16

0.12

0.10

Auro Impex & Chemicals Semi-Annual Data
	Mar22	Sep22	Mar23	Mar24
LT-Debt-to-Total-Asset	0.16	0.14	0.12	0.10

Auro Impex & Chemicals LT-Debt-to-Total-Asset Calculation

Auro Impex & Chemicals'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 )
	=	94.622	/	908.157
	=	0.10

Auro Impex & Chemicals'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 )
	=	97.463	/	822.809
	=	0.12

Auro Impex & Chemicals (NSE:AUROIMPEX) 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.

Auro Impex & Chemicals LT-Debt-to-Total-Asset Related Terms

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

Auro Impex & Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Auro Impex & Chemicals Ltd (NSE:AUROIMPEX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

740A, Block- P, New Alipore, Kolkata, WB, IND, 700053

Website

https://www.auroimpex.com

Auro Impex & Chemicals Ltd specializes in the manufacturing of Collecting Electrode, Discharge Electrode Plate steel structures and other internal components of an Electrostatic Precipitator - a filtration device used to remove smoke and fine dust particles from flowing gas used in various heavy industries such as Steel Plants, Sponge Iron industry, Cement Plants, Thermal Energy Plants and any other plant where the coal is burnt, as a measure to control Air Pollution.

Auro Impex & Chemicals Headlines

No Headlines