Opal Luxury Time Products (NSE:OPAL) LT-Debt-to-Total-Asset: 0.42 (As of Sep. 2019)


What is Opal Luxury Time Products LT-Debt-to-Total-Asset?

Opal Luxury Time Products NSE:OPAL LT-Debt-to-Total-Asset is 0.42 as of Sep. 2019.

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. Opal Luxury Time Products's long-term debt to total assests ratio for the quarter that ended in Sep. 2019 was 0.42.

Opal Luxury Time Products's long-term debt to total assets ratio increased from Mar. 2018 (0.11) to Sep. 2019 (0.42). It may suggest that Opal Luxury Time Products is progressively becoming more dependent on debt to grow their business.

Opal Luxury Time Products  (NSE:OPAL) 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.

Opal Luxury Time Products LT-Debt-to-Total-Asset Related Terms

Opal Luxury Time Products LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Opal Luxury Time Products'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.

Opal Luxury Time Products LT-Debt-to-Total-Asset Chart

Opal Luxury Time Products Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.01 0.01 0.00 0.01 0.11

Opal Luxury Time Products Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Sep19
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 0.00 0.01 0.11 0.00 0.42

Opal Luxury Time Products LT-Debt-to-Total-Asset Calculation

Opal Luxury Time Products's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2018 is calculated as

LT Debt to Total Assets (A: Mar. 2018 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2018 )/Total Assets (A: Mar. 2018 )
=45.135/396.292
=0.11

Opal Luxury Time Products's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

LT Debt to Total Assets (Q: Sep. 2019 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2019 )/Total Assets (Q: Sep. 2019 )
=48.276/114.468
=0.42

* 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 0.42 mean?
Opal Luxury Time Products (NSE:OPAL) has a LT-Debt-to-Total-Asset of 0.42 as of Sep. 2019. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Opal Luxury Time Products and its competitors.
Is Opal Luxury Time Products' LT-Debt-to-Total-Asset too high?
Opal Luxury Time Products' current LT-Debt-to-Total-Asset is 0.42.
How does Opal Luxury Time Products' LT-Debt-to-Total-Asset compare to FBHS and WHR?
Opal Luxury Time Products' LT-Debt-to-Total-Asset of 0.42 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 Opal Luxury Time Products and its competitors. Opal Luxury Time Products's current LT-Debt-to-Total-Asset is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opal Luxury Time Products stock overvalued right now?
Opal Luxury Time Products (NSE:OPAL) has a current LT-Debt-to-Total-Asset of 0.42. The current LT-Debt-to-Total-Asset is 0.42. 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 Opal Luxury Time Products (NSE:OPAL), the current LT-Debt-to-Total-Asset is 0.42 as of Sep. 2019. 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.

Opal Luxury Time Products Business Description

Address Senapati Bapat Road, Shree Ganesh, Plot No. 31, 1st Floor, Shivaji Housing Society, Behind ICC Tower, Pune, MH, IND, 411016
Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products and designs, manufactures, assembles, markets in India and offers watches, wall and table clocks, and allied products and accessories. The firm markets its products through a network of distributors, dealers, home decor stores, furniture stores, crockery dealers, and organized retailers under the Opal brand. The company operates 333 counters and 11 online shopping portals in India. The firm offers a diverse product mix which varies with the following parameters: Price Range, Mould-component-make (wood, metal, acrylic, glass, etc.) and Styles (statue, table, digital, and contemporary). It also offers its products through opalclocks.com, an online shopping portal.