Kotyark Industries (NSE:KOTYARK) LT-Debt-to-Total-Asset : 0.14 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Kotyark 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. Kotyark Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.14.

Kotyark Industries's long-term debt to total assets ratio declined from Sep. 2022 (0.17) to Mar. 2024 (0.14). It may suggest that Kotyark Industries is progressively becoming less dependent on debt to grow their business.

Kotyark Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kotyark 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.

* Premium members only.

Kotyark Industries LT-Debt-to-Total-Asset Chart

Kotyark Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.54

0.57

0.09

0.14

Kotyark Industries Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jul21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.17	-	0.14	0.13	0.14

Kotyark Industries LT-Debt-to-Total-Asset Calculation

Kotyark 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 )
	=	305.312	/	2217.245
	=	0.14

Kotyark Industries'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 )
	=	305.312	/	2217.245
	=

Kotyark Industries (NSE:KOTYARK) 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.

Kotyark Industries LT-Debt-to-Total-Asset Related Terms

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

Kotyark Industries (NSE:KOTYARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Kotyark Industries Ltd (NSE:KOTYARK) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Ramakaka Temple Road, A-3, 2nd Floor, Shree Ganesh Nagar, Housing Society, Chhani, Vadodara, GJ, IND, 391740

Website

https://www.kotyark.com

Kotyark Industries Ltd is engaged in the manufacturing of Biofuels. The company is focused on renewable green energy and sustainable development of renewable natural resources through the adoption of environmentally friendly technology in vehicles for public and private transport.

Kotyark Industries (NSE:KOTYARK) Headlines

No Headlines