Kalahridhaan Trendz (NSE:KTL) LT-Debt-to-Total-Asset : 0.21 (As of Sep. 2023)

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What is Kalahridhaan Trendz 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. Kalahridhaan Trendz's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.21.

Kalahridhaan Trendz's long-term debt to total assets ratio increased from Mar. 2022 (0.16) to Sep. 2023 (0.21). It may suggest that Kalahridhaan Trendz is progressively becoming more dependent on debt to grow their business.

Kalahridhaan Trendz LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kalahridhaan Trendz'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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Kalahridhaan Trendz LT-Debt-to-Total-Asset Chart

Kalahridhaan Trendz Annual Data

Trend

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.21

0.16

0.22

Kalahridhaan Trendz Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23
LT-Debt-to-Total-Asset	0.21	0.16	0.22	0.21

Kalahridhaan Trendz LT-Debt-to-Total-Asset Calculation

Kalahridhaan Trendz's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	240.172	/	1096.255
	=	0.22

Kalahridhaan Trendz's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	228.571	/	1097.93
	=	0.21

Kalahridhaan Trendz (NSE:KTL) 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.

Kalahridhaan Trendz LT-Debt-to-Total-Asset Related Terms

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Kalahridhaan Trendz Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kalahridhaan Trendz Ltd (NSE:KTL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Narol Cross Road, 57, Ashra Industrial Estate, Behind Mahalaxmi Fabrics, Narol, Ahmedabad, GJ, IND, 382405

Website

https://www.kalahridhaan.com

Kalahridhaan Trendz Ltd is engaged mainly in the business of manufacturing and trading of Fabric with embroidery works, Trading of grey cloths, purchase of grey cloth and printing and dyeing for preparing suiting, shirting and dress materials for sale in the B2B market only. It is preparing the suiting, shirting & dress material products and focuses on the wholesale market. It is the first stage wholesalers, that directly supply the material to the wholesalers.

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