Pincon Spirit (NSE:PINCON) LT-Debt-to-Total-Asset: 0.10 (As of Sep. 2017)


What is Pincon Spirit LT-Debt-to-Total-Asset?

Pincon Spirit NSE:PINCON LT-Debt-to-Total-Asset is 0.10 as of Sep. 2017.

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. Pincon Spirit's long-term debt to total assests ratio for the quarter that ended in Sep. 2017 was 0.10.

Pincon Spirit's long-term debt to total assets ratio declined from Sep. 2016 (0.14) to Sep. 2017 (0.10). It may suggest that Pincon Spirit is progressively becoming less dependent on debt to grow their business.

Pincon Spirit  (NSE:PINCON) 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.

Pincon Spirit LT-Debt-to-Total-Asset Related Terms

Pincon Spirit LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Pincon Spirit'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.

Pincon Spirit LT-Debt-to-Total-Asset Chart

Pincon Spirit Annual Data
Trend Mar14 Mar15 Mar16 Mar17
LT-Debt-to-Total-Asset
0.24 0.25 0.15 0.12

Pincon Spirit Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.25 0.15 0.14 0.12 0.10

Pincon Spirit LT-Debt-to-Total-Asset Calculation

Pincon Spirit's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2017 is calculated as

LT Debt to Total Assets (A: Mar. 2017 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2017 )/Total Assets (A: Mar. 2017 )
=653.587/5586.76
=0.12

Pincon Spirit's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2017 is calculated as

LT Debt to Total Assets (Q: Sep. 2017 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2017 )/Total Assets (Q: Sep. 2017 )
=645.813/6417.895
=0.10

* 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 0.10 mean?
Pincon Spirit (NSE:PINCON) has a LT-Debt-to-Total-Asset of 0.10 as of Sep. 2017. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Pincon Spirit and its competitors.
Is Pincon Spirit's LT-Debt-to-Total-Asset too high?
Pincon Spirit's current LT-Debt-to-Total-Asset is 0.10.
How does Pincon Spirit's LT-Debt-to-Total-Asset compare to THST and JCTG?
Pincon Spirit's LT-Debt-to-Total-Asset of 0.10 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good LT-Debt-to-Total-Asset depends on the Beverages - Alcoholic 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 Pincon Spirit and its competitors. Pincon Spirit's current LT-Debt-to-Total-Asset is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pincon Spirit stock overvalued right now?
Pincon Spirit (NSE:PINCON) has a current LT-Debt-to-Total-Asset of 0.10. The current LT-Debt-to-Total-Asset is 0.10. 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 Pincon Spirit (NSE:PINCON), the current LT-Debt-to-Total-Asset is 0.10 as of Sep. 2017. 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.

Pincon Spirit Business Description

Address Number 103, 3rd Floor, Samskruthi Chambers, K.H Road, Shanthi Nagar, Bengaluru, KA, IND, 560027
Pincon Spirit Ltd is engaged in blending, bottling and wholesale distributions of Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) and refining, packaging and wholesale distributions of fast moving consumer goods. The company derives its revenue from its Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) segment. The Edible oils business segment is engaged in the manufacture of edible oils and the Company owns a refining and packaging unit.