Gujarat Alkalies & Chemicals (NSE:GUJALKALI) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is Gujarat Alkalies & 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. Gujarat Alkalies & Chemicals's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Gujarat Alkalies & Chemicals's long-term debt to total assets ratio declined from Sep. 2023 (0.05) to Sep. 2024 (0.03). It may suggest that Gujarat Alkalies & Chemicals is progressively becoming less dependent on debt to grow their business.

Gujarat Alkalies & Chemicals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gujarat Alkalies & 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.

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Gujarat Alkalies & Chemicals LT-Debt-to-Total-Asset Chart

Gujarat Alkalies & Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.02

0.06

0.07

0.06

0.04

Gujarat Alkalies & Chemicals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	-	0.04	-	0.03

Gujarat Alkalies & Chemicals LT-Debt-to-Total-Asset Calculation

Gujarat Alkalies & 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 )
	=	3434.317	/	80233.908
	=	0.04

Gujarat Alkalies & Chemicals'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 )
	=	2876.6	/	84130.8
	=	0.03

Gujarat Alkalies & Chemicals (NSE:GUJALKALI) 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.

Gujarat Alkalies & Chemicals LT-Debt-to-Total-Asset Related Terms

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Gujarat Alkalies & Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gujarat Alkalies & Chemicals Ltd (NSE:GUJALKALI) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

530001:India

Address

Vadodara Complex and Coelho Complex, P.O. Ranoli, Vadodara, GJ, IND, 391350

Website

https://www.gacl.com

Gujarat Alkalies & Chemicals Ltd is a chemical manufacturing company. The company's products basket comprises various products including caustic soda, chlorine, hydrochloric acid, hydrogen, chloromethanes, potassium hydroxide, potassium carbonate, sodium cyanide, hydrogen peroxide, and many others. It serves various industries such as soaps and detergents, glass, chemicals, fertilizers, textiles, alumina refining, water treatments, paper, pharmaceuticals, etc. both directly as well as through dealers. The company operates in a single segment namely, Chemicals, and caters to both domestic and international markets of which, a majority of its revenue is derived from its customers within India.

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