HMA Agro Industries (NSE:HMAAGRO) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is HMA Agro 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. HMA Agro Industries's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

HMA Agro Industries's long-term debt to total assets ratio declined from Sep. 2023 (0.03) to Sep. 2024 (0.01). It may suggest that HMA Agro Industries is progressively becoming less dependent on debt to grow their business.

HMA Agro Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for HMA Agro 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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HMA Agro Industries LT-Debt-to-Total-Asset Chart

HMA Agro Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.01

0.06

0.04

0.02

HMA Agro Industries Quarterly Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.03	-	0.02	-	0.01

HMA Agro Industries LT-Debt-to-Total-Asset Calculation

HMA Agro Industries'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 )
	=	294.89	/	14394.59
	=	0.02

HMA Agro Industries'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 )
	=	209.38	/	19694.77
	=	0.01

HMA Agro Industries (NSE:HMAAGRO) 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.

HMA Agro Industries LT-Debt-to-Total-Asset Related Terms

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HMA Agro Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HMA Agro Industries Ltd (NSE:HMAAGRO) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

543929:India

Address

Fatehabad Road, N No. 18-A/5/3 Tajview Crossing, Agra, UP, IND, 282001

Website

https://www.hmagroup.co

HMA Agro Industries Ltd is engaged in the business of manufacturing and exporting Buffalo Frozen Meat and Meat Products. Its core products are frozen fresh deglanded Buffalo Meat. The Company operates in the State of Uttar Pradesh, Punjab, Haryana, Rajasthan, Bihar and Maharashtra.

HMA Agro Industries Headlines

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