Hilton Metal Forging (NSE:HILTON) LT-Debt-to-Total-Asset : 0.07 (As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Hilton Metal Forging 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. Hilton Metal Forging's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.07.

Hilton Metal Forging's long-term debt to total assets ratio declined from Sep. 2023 (0.08) to Sep. 2024 (0.07). It may suggest that Hilton Metal Forging is progressively becoming less dependent on debt to grow their business.

Hilton Metal Forging LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hilton Metal Forging'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.

Hilton Metal Forging LT-Debt-to-Total-Asset Chart

Hilton Metal Forging Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.07

0.13

0.16

0.09

0.08

Hilton Metal Forging 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															0.08	-	0.08	-	0.07

Hilton Metal Forging LT-Debt-to-Total-Asset Calculation

Hilton Metal Forging'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 )
	=	140.34	/	1845.661
	=	0.08

Hilton Metal Forging'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 )
	=	142.578	/	2126.833
	=	0.07

Hilton Metal Forging (NSE:HILTON) 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.

Hilton Metal Forging LT-Debt-to-Total-Asset Related Terms

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

Hilton Metal Forging Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hilton Metal Forging Ltd (NSE:HILTON) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

532847:India

Address

Akurli Road, Near Growel 101 Mall, 204, Tanishka Commercial Building, Kandivali - East, Mumbai, MH, IND, 400101

Website

https://www.hiltonmetal.com

Hilton Metal Forging Ltd is engaged in the business of manufacturing iron and steel forging. The company serves the Oil and gas industry, Petrochemicals, Railways, Automobiles and refineries industry. The company's product portfolio includes Flanges and forged fittings, Engineered parts, Stainless steel flanges, High-pressure flanges, Crankshaft, Body bonnets, Hydraulic fittings, Forged components, Christmas tree components, Topdeck covers, Stub ends, Threaded flanges, Blind flanges, Weld neck flanges, and socket welded flanges.

Hilton Metal Forging Headlines

No Headlines