Rushil Decor (NSE:RUSHIL) LT-Debt-to-Total-Asset : 0.15 (As of Mar. 2024)

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What is Rushil Decor 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. Rushil Decor's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.15.

Rushil Decor's long-term debt to total assets ratio declined from Mar. 2023 (0.27) to Mar. 2024 (0.15). It may suggest that Rushil Decor is progressively becoming less dependent on debt to grow their business.

Rushil Decor LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rushil Decor'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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Rushil Decor LT-Debt-to-Total-Asset Chart

Rushil Decor Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.43

0.37

0.32

0.27

0.15

Rushil Decor Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	-	0.18	-	0.15

Rushil Decor LT-Debt-to-Total-Asset Calculation

Rushil Decor'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 )
	=	1618.18	/	10994.237
	=	0.15

Rushil Decor'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 )
	=	1618.18	/	10994.237
	=	0.15

Rushil Decor (NSE:RUSHIL) 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.

Rushil Decor LT-Debt-to-Total-Asset Related Terms

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Rushil Decor (NSE:RUSHIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Rushil Decor Ltd (NSE:RUSHIL) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

533470:India

Address

Off. Sindhu Bhavan Road, Rushil House, Near Neelkanth Green Bungalow, Shilaj, Ahmedabad, GJ, IND, 380058

Website

https://www.rushil.com

Rushil Decor Ltd is an Indian company engaged in the manufacturing of wood engineered products. The segments of the company include Decorative Laminated Sheets, Medium Density Fiber Board, Polyvinyl Chloride Boards, and Medium Density Fiber Board - AP Unit. It generates maximum revenue from Decorative Laminated Sheets segment. Geographically, it derives a majority of revenue from India. It offers products such as single-sided or decorative laminate sheet, double-sided or compact laminate sheets, post-forming laminates, metal bond-laminates, digital laminates, color core laminates, and tabletop grade laminates.

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