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Creative Graphics Solutions India (NSE:CGRAPHICS) LT-Debt-to-Total-Asset : 0.09 (As of Sep. 2024)


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What is Creative Graphics Solutions India 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. Creative Graphics Solutions India's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.09.

Creative Graphics Solutions India's long-term debt to total assets ratio declined from Mar. 2023 (0.18) to Sep. 2024 (0.09). It may suggest that Creative Graphics Solutions India is progressively becoming less dependent on debt to grow their business.


Creative Graphics Solutions India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Creative Graphics Solutions India'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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Creative Graphics Solutions India LT-Debt-to-Total-Asset Chart

Creative Graphics Solutions India Annual Data
Trend Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
0.11 0.05 0.18

Creative Graphics Solutions India Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
LT-Debt-to-Total-Asset 0.11 0.05 0.18 0.17 0.09

Creative Graphics Solutions India LT-Debt-to-Total-Asset Calculation

Creative Graphics Solutions India'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 )
=118.327/660.007
=0.18

Creative Graphics Solutions India's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=177.2/1978.1
=0.09

* 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.


Creative Graphics Solutions India  (NSE:CGRAPHICS) 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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Creative Graphics Solutions India Business Description

Traded in Other Exchanges
N/A
Address
Gautam Buddha Nagar, A-31, Sector-58, Noida, UP, IND, 01301
Creative Graphics Solutions India Ltd is a pre-press company, engaged in the manufacturing of flexographic printing plates including Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates, Metal Back Plates, and Coating Plates. The company operates in a single segment called Flexographic plates.

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