Madhav Marbles & Granites (NSE:MADHAV) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Madhav Marbles & Granites 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. Madhav Marbles & Granites's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Madhav Marbles & Granites's long-term debt to total assets ratio declined from Sep. 2023 (0.02) to Sep. 2024 (0.01). It may suggest that Madhav Marbles & Granites is progressively becoming less dependent on debt to grow their business.

Madhav Marbles & Granites LT-Debt-to-Total-Asset Historical Data

The historical data trend for Madhav Marbles & Granites'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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Madhav Marbles & Granites LT-Debt-to-Total-Asset Chart

Madhav Marbles & Granites Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.09

0.02

0.01

0.02

0.01

Madhav Marbles & Granites 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															0.02	-	0.01	-	0.01

Madhav Marbles & Granites LT-Debt-to-Total-Asset Calculation

Madhav Marbles & Granites'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 )
	=	17.987	/	1424.923
	=	0.01

Madhav Marbles & Granites'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 )
	=	15.654	/	1358.109
	=	0.01

Madhav Marbles & Granites (NSE:MADHAV) 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.

Madhav Marbles & Granites LT-Debt-to-Total-Asset Related Terms

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Madhav Marbles & Granites Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Madhav Marbles & Granites Ltd (NSE:MADHAV) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

515093:India

Address

16, Saheli Marg, First Floor, Mumal Towers, Udaipur, RJ, IND, 313001

Website

https://www.madhavmarbles.com

Madhav Marbles & Granites Ltd is a processor and exporter of premium quality granite and marble. The company operates its Granite Division in South India (Salem, Tamil Nadu). The Region is known for its rich reserves of metamorphosed granite. The company operates through Granite & Stone Division, Realty Division and Power Generation Unit segments. It derives maximum revenue from Granite & Stone Division.

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