Baheti Recycling Industries (NSE:BAHETI) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2023)

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What is Baheti Recycling 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. Baheti Recycling Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.09.

Baheti Recycling Industries's long-term debt to total assets ratio declined from Mar. 2021 (0.12) to Mar. 2023 (0.09). It may suggest that Baheti Recycling Industries is progressively becoming less dependent on debt to grow their business.

Baheti Recycling Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Baheti Recycling 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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Baheti Recycling Industries LT-Debt-to-Total-Asset Chart

Baheti Recycling Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.04

0.12

0.07

0.09

Baheti Recycling Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
LT-Debt-to-Total-Asset	0.04	0.12	0.07	0.09

Baheti Recycling Industries LT-Debt-to-Total-Asset Calculation

Baheti Recycling Industries'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 )
	=	110.727	/	1269.719
	=	0.09

Baheti Recycling Industries'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 )
	=	110.727	/	1269.719
	=	0.09

Baheti Recycling Industries (NSE:BAHETI) 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.

Baheti Recycling Industries LT-Debt-to-Total-Asset Related Terms

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Baheti Recycling Industries (NSE:BAHETI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baheti Recycling Industries Ltd (NSE:BAHETI) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

A-2/3, L.R. Apartments, Opposite Police Commissioner Office, Shahibaug, Ahmedabad, GJ, IND, 380 004

Website

https://www.bahetiindustries.com

Baheti Recycling Industries Ltd is an aluminium recycling company, primarily engaged in processing aluminium based metal scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar. The company is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc. Its products are being used in various industries, which include automobiles, construction, electrical transmission application, food packaging etc.

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