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Revathi Equipment India (NSE:RVTH) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)


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What is Revathi Equipment India 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. Revathi Equipment India's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Revathi Equipment India's long-term debt to total assets ratio declined from Mar. 2022 (0.03) to Sep. 2024 (0.01). It may suggest that Revathi Equipment India is progressively becoming less dependent on debt to grow their business.

Revathi Equipment India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Revathi Equipment 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.

* Premium members only.

Revathi Equipment India LT-Debt-to-Total-Asset Chart

Revathi Equipment India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only 0.01 - 0.03 0.05 0.01

Revathi Equipment India Quarterly Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.05 0.04 0.01 0.01

Revathi Equipment India LT-Debt-to-Total-Asset Calculation

Revathi Equipment India'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 )
=24.194/2383.271
=0.01

Revathi Equipment India's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=18.6/2584.3
=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.

Revathi Equipment India  (NSE:RVTH) 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.

Revathi Equipment India LT-Debt-to-Total-Asset Related Terms

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Revathi Equipment India Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Revathi Equipment India Ltd (NSE:RVTH) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
Traded in Other Exchanges
544246:India
Address
Pollachi Road, Malumachampatti Post, Coimbatore, TN, IND, 641050
Website
https://www.revathi.in
Revathi Equipment India Ltd is engaged in providing Drilling Solutions to the Mining, construction, and Quarrying industries. It is the eminent manufacturer of Mining Drilling Rigs, Construction Drilling Rigs and Mining and Quarrying Drilling Rigs thus has focused on making the Drilling work easier. It products include C650 D, C850 D/E, C750 D/E, C615 D, C625 D, etc. Manufacturing of Drill Equipment is the only segment of the company.

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