Neelam Linens and Garments (India) (NSE:NEELAM) LT-Debt-to-Total-Asset: 0.33 (As of Mar. 2025)

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NSE:NEELAM Neelam Linens and Garments (India) Ltd NSE:NEELAM
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What is Neelam Linens and Garments (India) LT-Debt-to-Total-Asset?

Neelam Linens and Garments (India) NSE:NEELAM 10 LT-Debt-to-Total-Asset is 0.33 as of Mar. 2025. GuruFocus rates NSE:NEELAM with a GF Score™ of 10/100. The stock has 5 warning signs investors should review.

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. Neelam Linens and Garments (India)'s long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.33.

Neelam Linens and Garments (India)'s long-term debt to total assets ratio declined from Mar. 2023 (0.36) to Mar. 2025 (0.33). It may suggest that Neelam Linens and Garments (India) is progressively becoming less dependent on debt to grow their business.


Neelam Linens and Garments (India)  (NSE:NEELAM) 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.


Neelam Linens and Garments (India) LT-Debt-to-Total-Asset Related Terms


Neelam Linens and Garments (India) LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Neelam Linens and Garments (India)'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.

Neelam Linens and Garments (India) LT-Debt-to-Total-Asset Chart

Neelam Linens and Garments (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
LT-Debt-to-Total-Asset
0.38 0.34 0.36 0.33 0.33

Neelam Linens and Garments (India) Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
LT-Debt-to-Total-Asset 0.38 0.34 0.36 0.33 0.33
NSE:NEELAM
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Neelam Linens and Garments (India) Ltd NSE:NEELAM
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Neelam Linens and Garments (India) LT-Debt-to-Total-Asset Calculation

Neelam Linens and Garments (India)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (A: Mar. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2025 )/Total Assets (A: Mar. 2025 )
=456.661/1368.583
=0.33

Neelam Linens and Garments (India)'s Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (Q: Mar. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2025 )/Total Assets (Q: Mar. 2025 )
=456.661/1368.583
=0.33

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.33 mean?
Neelam Linens and Garments (India) (NSE:NEELAM) has a LT-Debt-to-Total-Asset of 0.33 as of Mar. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Neelam Linens and Garments (India) and its competitors.
Is Neelam Linens and Garments (India)'s LT-Debt-to-Total-Asset too high?
Neelam Linens and Garments (India)'s current LT-Debt-to-Total-Asset is 0.33. Overall, Neelam Linens and Garments (India) has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Neelam Linens and Garments (India)'s LT-Debt-to-Total-Asset compare to SN and SGI?
Neelam Linens and Garments (India)'s LT-Debt-to-Total-Asset of 0.33 can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Furnishings, Fixtures & Appliances company?
A good LT-Debt-to-Total-Asset depends on the Furnishings, Fixtures & Appliances industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Neelam Linens and Garments (India) and its competitors. Neelam Linens and Garments (India)'s current LT-Debt-to-Total-Asset is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neelam Linens and Garments (India) stock overvalued right now?
Neelam Linens and Garments (India) (NSE:NEELAM) has a current LT-Debt-to-Total-Asset of 0.33. The current LT-Debt-to-Total-Asset is 0.33. Neelam Linens and Garments (India)'s overall GF Score™ is 10/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Neelam Linens and Garments (India) (NSE:NEELAM), the current LT-Debt-to-Total-Asset is 0.33 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Neelam Linens and Garments (India) Business Description

Address Sitaram Jadav Marg, Delisle Road, A-1/446-447, 4th Floor, Shah & Nahar Industrial Estate, Lower Parel, Mumbai, MH, IND, 400013
Neelam Linens and Garments (India) Ltd operates as a soft home furnishing company based out of Maharashtra, India, extending its services to various clientele, including USA, Australia and Far East. The company specializes in the processing, finishing and supplying of bedsheets, Pillow cover, Duvet Cover, Towels, Rugs, Doher, Shirts & Garments predominantly for discounted retail outlets. It sources surplus or slightly imperfect fabric from the domestic market, applying value-added services such as designing, digital printing, dyeing, stitching, embroidery, and other enhancements. Its segment includes the business of Manufacturing of Bedsheets, Shirts and in the trading of Licences. The manufacturing of Bedsheets, Shirts segment derives majority of the revenue.
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