Kajaria Ceramics (NSE:KAJARIACER) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)

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What is Kajaria Ceramics 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. Kajaria Ceramics's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

Kajaria Ceramics's long-term debt to total assets ratio increased from Sep. 2023 (0.03) to Sep. 2024 (0.04). It may suggest that Kajaria Ceramics is progressively becoming more dependent on debt to grow their business.

Kajaria Ceramics LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kajaria Ceramics'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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Kajaria Ceramics LT-Debt-to-Total-Asset Chart

Kajaria Ceramics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.02

0.03

Kajaria Ceramics 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															0.03	-	0.03	-	0.04

Kajaria Ceramics LT-Debt-to-Total-Asset Calculation

Kajaria Ceramics'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 )
	=	1125.8	/	35429.1
	=	0.03

Kajaria Ceramics'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 )
	=	1420.6	/	37107.5
	=	0.04

Kajaria Ceramics (NSE:KAJARIACER) 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.

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Kajaria Ceramics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kajaria Ceramics Ltd (NSE:KAJARIACER) » Definitions » LT-Debt-to-Total-Asset

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500233:India

Address

Mathura Road, J-1/B-1 (Extn), Mohan Co-operative Industrial Estate, Opposite Badarpur Thermal Power Station, New Delhi, IND, 110044

Website

https://www.kajariaceramics.com

Kajaria Ceramics Ltd is a manufacturer of indoor floor and wand tiles. The product range includes ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitary ware and faucets, and tile adhesives and grout. Kajaria Ceramics' tiles and tile-related products are marketed through a distribution network of dealers and sub-dealers. The company has two operating segments: Tiles and other products including bathware, sanitaryware, and plywood. The company operates mainly in India, with production and the majority of sales focused there.

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