SP Refractories (NSE:SPRL) LT-Debt-to-Total-Asset : 0.12 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is SP Refractories 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. SP Refractories's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.12.

SP Refractories's long-term debt to total assets ratio increased from Sep. 2022 (0.09) to Sep. 2023 (0.12). It may suggest that SP Refractories is progressively becoming more dependent on debt to grow their business.

SP Refractories LT-Debt-to-Total-Asset Historical Data

The historical data trend for SP Refractories'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.

SP Refractories LT-Debt-to-Total-Asset Chart

SP Refractories Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.06

0.03

0.08

0.13

SP Refractories Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.01	0.08	0.09	0.13	0.12

SP Refractories LT-Debt-to-Total-Asset Calculation

SP Refractories'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 )
	=	21.073	/	160.99
	=	0.13

SP Refractories's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	20.3	/	169.096
	=	0.12

SP Refractories (NSE:SPRL) 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.

SP Refractories LT-Debt-to-Total-Asset Related Terms

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

SP Refractories (NSE:SPRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » SP Refractories Ltd (NSE:SPRL) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Hingna Road, M-10, M-11/1 & M-11/2, MIDC Industrial Area, Nagpur, MH, IND, 440016

Website

https://www.sprefractories.com

SP Refractories Ltd is engaged in manufacturing and supplying refractory material made using hydrated lime, calcined alumina, and other raw materials. The Company is involved in single segment of manufacturing and supplying of high quality refractory material. Its core focus is on refractory cement which is a niche and high-margin cement widely used in iron and steel and construction industries because of its thermal conductivity, maximum strength, and heat resistance.

SP Refractories (NSE:SPRL) Headlines

No Headlines