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Rajgor Castor Derivatives (NSE:RCDL) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)


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What is Rajgor Castor Derivatives 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. Rajgor Castor Derivatives's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Rajgor Castor Derivatives's long-term debt to total assets ratio declined from Mar. 2022 (0.17) to Mar. 2024 (0.01). It may suggest that Rajgor Castor Derivatives is progressively becoming less dependent on debt to grow their business.

Rajgor Castor Derivatives LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rajgor Castor Derivatives'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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Rajgor Castor Derivatives LT-Debt-to-Total-Asset Chart

Rajgor Castor Derivatives Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
0.36 0.35 0.17 0.06 0.01

Rajgor Castor Derivatives Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset 0.36 0.35 0.17 0.06 0.01

Rajgor Castor Derivatives LT-Debt-to-Total-Asset Calculation

Rajgor Castor Derivatives'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 )
=22.547/1878.171
=0.01

Rajgor Castor Derivatives'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 )
=22.547/1878.171
=0.01

* 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.

Rajgor Castor Derivatives  (NSE:RCDL) 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.

Rajgor Castor Derivatives LT-Debt-to-Total-Asset Related Terms

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Rajgor Castor Derivatives Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rajgor Castor Derivatives Ltd (NSE:RCDL) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
Traded in Other Exchanges
N/A
Address
Science City Road, 1118, Fortune Business Hub, Near Satyamev Elysium, Sola, Ahmedabad, GJ, IND, 380060
Website
https://www.rajgorcastor.com
Rajgor Castor Derivatives Ltd manufactures Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake, and High Protein Castor De-Oiled Cake for the domestic market. It is currently operating on a B2B business Model and offers its customers Castor Oil and its derivatives. It focuses on operations relating to quality control, inventory management, and business development.

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