Rajshree Polypack (NSE:RPPL) LT-Debt-to-Total-Asset : 0.10 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Rajshree Polypack 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. Rajshree Polypack's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.10.

Rajshree Polypack's long-term debt to total assets ratio declined from Mar. 2023 (0.12) to Mar. 2024 (0.10). It may suggest that Rajshree Polypack is progressively becoming less dependent on debt to grow their business.

Rajshree Polypack LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rajshree Polypack'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.

Rajshree Polypack LT-Debt-to-Total-Asset Chart

Rajshree Polypack Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.03

0.12

0.10

Rajshree Polypack Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.12	0.14	0.12	0.12	0.10

Rajshree Polypack LT-Debt-to-Total-Asset Calculation

Rajshree Polypack'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 )
	=	265.618	/	2805.445
	=	0.09

Rajshree Polypack'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 )
	=	265.618	/	2805.445
	=	0.09

Rajshree Polypack (NSE:RPPL) 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.

Rajshree Polypack LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Rajshree Polypack's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Rajshree Polypack (NSE:RPPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Rajshree Polypack Ltd (NSE:RPPL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Floor, Road No. 22, Kishan Nagar, Unit No. 502, Lodha Supremus, Near New Passport Office, Wagle Estate, Thane (West), Thane, MH, IND, 400 604

Website

https://www.rajshreepolypack.com

Rajshree Polypack Ltd is engaged in the business of manufacturing and trading Thermoformed packaging products. Geographically, it has a presence in India and Outside India, of which it derives a majority of revenue from India. The company's product category includes Plastic rigid sheets and Thermoformed products. It serves dairy, beverages, FMCG, QSR, retails, pharmaceuticals, and the electronics sector.

Rajshree Polypack (NSE:RPPL) Headlines

No Headlines