Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2023)

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What is Emkay Taps and Cutting Tools 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. Emkay Taps and Cutting Tools's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.00.

Emkay Taps and Cutting Tools's long-term debt to total assets ratio declined from Mar. 2022 (0.00) to Mar. 2023 (0.00). It may suggest that Emkay Taps and Cutting Tools is progressively becoming less dependent on debt to grow their business.

Emkay Taps and Cutting Tools LT-Debt-to-Total-Asset Historical Data

The historical data trend for Emkay Taps and Cutting Tools'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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Emkay Taps and Cutting Tools LT-Debt-to-Total-Asset Chart

Emkay Taps and Cutting Tools Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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Emkay Taps and Cutting Tools Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												-	0.01	-	-	-

Emkay Taps and Cutting Tools LT-Debt-to-Total-Asset Calculation

Emkay Taps and Cutting Tools'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 )
	=	1.25	/	2568.386
	=	0.00

Emkay Taps and Cutting Tools'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 )
	=	1.25	/	2568.386
	=	0.00

Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) 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.

Emkay Taps and Cutting Tools LT-Debt-to-Total-Asset Related Terms

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Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Emkay Taps and Cutting Tools Ltd (NSE:EMKAYTOOLS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. B-27 and B-27/1, MIDC Hingna, Industrial Estate, Nagpur, MH, IND, 440016

Website

https://www.etctl.com

Emkay Taps and Cutting Tools Ltd is engaged in the manufacturing and sale of taps and cutting tools. The company's operating segment includes the Manufacturing of Taps and Cutting Tools, the Production of Power through Windmills, and others. It generates maximum revenue from the Tools segment.

Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Headlines

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