Mohini Health & Hygiene (NSE:MHHL) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Mohini Health & Hygiene 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. Mohini Health & Hygiene's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.06.

Mohini Health & Hygiene's long-term debt to total assets ratio increased from Mar. 2022 (0.03) to Mar. 2023 (0.06). It may suggest that Mohini Health & Hygiene is progressively becoming more dependent on debt to grow their business.

Mohini Health & Hygiene LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mohini Health & Hygiene'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.

Mohini Health & Hygiene LT-Debt-to-Total-Asset Chart

Mohini Health & Hygiene Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.15

0.10

0.08

0.03

0.06

Mohini Health & Hygiene Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.08	0.06	0.03	0.07	0.06

Mohini Health & Hygiene LT-Debt-to-Total-Asset Calculation

Mohini Health & Hygiene'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 )
	=	81.694	/	1384.051
	=	0.06

Mohini Health & Hygiene's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	81.694	/	1384.051
	=	0.06

Mohini Health & Hygiene (NSE:MHHL) 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.

Mohini Health & Hygiene LT-Debt-to-Total-Asset Related Terms

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

Mohini Health & Hygiene (NSE:MHHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mohini Health & Hygiene Ltd (NSE:MHHL) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Plot No. 109, Sector 3 Industrial Area, Pithampur, Dhar, MP, IND, 454774

Website

https://www.mohinihealthandhygiene.com

Mohini Health & Hygiene Ltd is a manufacturer and exporter of cotton fibre and yarn. It manufactures absorbent cotton used for medical purposes. Some of its products include Surgical Bleached Absorbent Cotton, Cotton Balls, Zig Zag Cotton, Cotton Ear Buds, and Gamjee Rolls. The company generates revenue both from Domestic and International markets and generates a majority of its revenue from Exports.

Mohini Health & Hygiene (NSE:MHHL) Headlines

No Headlines