Sagardeep Alloys (NSE:SAGARDEEP) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2023)

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What is Sagardeep Alloys 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. Sagardeep Alloys's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.03.

Sagardeep Alloys's long-term debt to total assets ratio increased from Dec. 2021 (0.00) to Mar. 2023 (0.03). It may suggest that Sagardeep Alloys is progressively becoming more dependent on debt to grow their business.

Sagardeep Alloys LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sagardeep Alloys'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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Sagardeep Alloys LT-Debt-to-Total-Asset Chart

Sagardeep Alloys Annual Data

Trend

Mar11

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.02

0.05

0.06

0.03

Sagardeep Alloys Quarterly Data
	Sep16	Mar17	Mar18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.06	-	-	0.03

Sagardeep Alloys LT-Debt-to-Total-Asset Calculation

Sagardeep Alloys's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	11.5	/	351.426
	=	0.03

Sagardeep Alloys's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	11.5	/	351.426
	=	0.03

Sagardeep Alloys (NSE:SAGARDEEP) 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.

Sagardeep Alloys LT-Debt-to-Total-Asset Related Terms

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Sagardeep Alloys (NSE:SAGARDEEP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sagardeep Alloys Ltd (NSE:SAGARDEEP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Khatraj Road, Plot number 2070, Rajnagar Patia, Santej, Santej Kalol, Gandhinagar, GJ, IND, 382721

Website

https://www.sdalloys.com

Sagardeep Alloys Ltd manufactures basic precious and non-ferrous alloys. It is also a wholesaler of metal and metal ores. It is engaged in the manufacturing and trading of copper and brass products such as pipes and tubes and the trading of stainless steel, copper, brass, and other metal product. Its product offering consists of Gilding Metal, Commercial Bronze, Red Brass, Low Brass, Cartridge Brass, Yellow Brass, Muntz Metal, Cupro Nickel Tubes and Pipe, Cupro Nickel Rods, Stainless Steel Scrap Grades, Stainless Steel Pipes and Tubes, Stainless Steel Sheets / Plates, Stainless Steel Coils, Stainless Steel Bars, Copper Pipes and Tubes, Copper Flats, Copper Coils, Copper Rod, Copper Anodes / Nuggets, Copper Plates, Oxygen Free Copper.

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