NCL Industries (NSE:NCLIND) LT-Debt-to-Total-Asset : 0.10 (As of Mar. 2024)

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What is NCL 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. NCL Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.10.

NCL Industries's long-term debt to total assets ratio declined from Mar. 2023 (0.14) to Mar. 2024 (0.10). It may suggest that NCL Industries is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for NCL 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.

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

NCL Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.14

0.18

0.15

0.14

0.10

NCL Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	-	0.11	-	0.10

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

NCL 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 )
	=	1459.183	/	15389.661
	=	0.09

NCL 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 )
	=	1459.183	/	15389.661
	=	0.09

NCL Industries (NSE:NCLIND) 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.

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

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NCL Industries (NSE:NCLIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » NCL Industries Ltd (NSE:NCLIND) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

502168:India

Address

Sarojini Devi Road, Near Rail Nilayam, 7th Floor, NCL Pearl, 10-03-162, Opposite Hyderabad Bhawan, East Maredpally, Secunderabad, TG, IND, 500 026

Website

https://www.nclind.com

NCL Industries Ltd is principally engaged in the business of manufacturing and selling Cement, Ready Mix Concrete (RMC), Cement Bonded Particle Boards (CBPB), and Prefab Shelters. The company's operating segment includes Cement; Boards; Energy, Readymade Doors, and RMC. It generates maximum revenue from the Cement segment. Geographically, it derives a majority of its revenue from India.

NCL Industries (NSE:NCLIND) Headlines

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