SMVD Poly Pack (NSE:SMVD) LT-Debt-to-Total-Asset : 0.33 (As of Sep. 2024)

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What is SMVD Poly Pack 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. SMVD Poly Pack's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.33.

SMVD Poly Pack's long-term debt to total assets ratio declined from Sep. 2023 (0.41) to Sep. 2024 (0.33). It may suggest that SMVD Poly Pack is progressively becoming less dependent on debt to grow their business.

SMVD Poly Pack LT-Debt-to-Total-Asset Historical Data

The historical data trend for SMVD Poly Pack'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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SMVD Poly Pack LT-Debt-to-Total-Asset Chart

SMVD Poly Pack Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.13

0.18

0.10

0.08

0.34

SMVD Poly Pack Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.10	0.08	0.41	0.34	0.33

SMVD Poly Pack LT-Debt-to-Total-Asset Calculation

SMVD Poly Pack'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 )
	=	33.267	/	97.06
	=	0.34

SMVD Poly Pack'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 )
	=	20.181	/	61.651
	=	0.33

SMVD Poly Pack (NSE:SMVD) 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.

SMVD Poly Pack LT-Debt-to-Total-Asset Related Terms

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SMVD Poly Pack Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » SMVD Poly Pack Ltd (NSE:SMVD) » Definitions » LT-Debt-to-Total-Asset

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Address

Imagine techpark. Block DP, Unit 5A, Sector V, Bidhannagar, 24th Floor, Saltlake, Kolkata, WB, IND, 700 091

Website

https://www.smvdpolypack.com

SMVD Poly Pack Ltd is an Indian company engaged in manufacturing Polypropylene/ High-Density Polyethylene woven sacks bags and sacks, Leno Bags, Jumbo (Flexible Intermediate Bulk Container) FIBC Bags, and HDPE Tarpaulin. The company serves many industries such as fertilizer plants, cement plants, chemical industries, flour mills, Steel, Plastic compounds, Rice Plants, Poultry Farms, and others. It operates through two segments: Plastic products and Water Coconut.

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