Jash Engineering (NSE:JASH) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

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What is Jash Engineering 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. Jash Engineering's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

Jash Engineering's long-term debt to total assets ratio declined from Mar. 2023 (0.03) to Mar. 2024 (0.03). It may suggest that Jash Engineering is progressively becoming less dependent on debt to grow their business.

Jash Engineering LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jash Engineering'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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Jash Engineering LT-Debt-to-Total-Asset Chart

Jash Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.06

0.08

0.05

0.03

Jash Engineering Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	-	0.02	-	0.03

Jash Engineering LT-Debt-to-Total-Asset Calculation

Jash Engineering'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 )
	=	183.928	/	6042.555
	=	0.03

Jash Engineering's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	183.928	/	6042.555
	=	0.03

Jash Engineering (NSE:JASH) 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.

Jash Engineering LT-Debt-to-Total-Asset Related Terms

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Jash Engineering (NSE:JASH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jash Engineering Ltd (NSE:JASH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

31, Sector-C, Sanwer Road, Industrial Area, Indore, MP, IND, 452015

Website

https://www.jashindia.com

Jash Engineering Ltd is engaged in manufacturing and trading of varied engineering products for the general engineering industry, water and wastewater industry, power plant and bulk solids handling industry. The products of the company include Water control gates, Mechanized screening systems, Screening conveying and washing systems, Knife gate valves, Water hammer control valves, Energy dissipating valves, Archimedes screw pumps, Micro-hydro turbines, Clarifiers, Clarifloculators, Flash mixers and Others.

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