SRM Contractors (NSE:SRM) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is SRM Contractors 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. SRM Contractors's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

SRM Contractors's long-term debt to total assets ratio declined from Dec. 2023 (0.14) to Dec. 2024 (0.00). It may suggest that SRM Contractors is progressively becoming less dependent on debt to grow their business.

SRM Contractors LT-Debt-to-Total-Asset Historical Data

The historical data trend for SRM Contractors'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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SRM Contractors LT-Debt-to-Total-Asset Chart

SRM Contractors Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.17

0.15

0.19

0.11

SRM Contractors Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.14	0.11	-	0.07	-

SRM Contractors LT-Debt-to-Total-Asset Calculation

SRM Contractors'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 )
	=	257.252	/	2350.099
	=	0.11

SRM Contractors's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	0	/	0
	=

SRM Contractors (NSE:SRM) 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.

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SRM Contractors Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SRM Contractors Ltd (NSE:SRM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

544158:India

Address

Sector 3, Near BJP Head Office, Trikuta Nagar, Jammu and Kashmir, Jammu, IND, 180012

Website

https://www.srmcpl.com

SRM Contractors Ltd is an engineering construction and development company. It is engaged in the construction of roads (including bridges), tunnels, slope stabilisation works and other miscellaneous civil construction activities in the Union Territories of Jammu & Kashmir and Ladakh, undertaking construction works both as an EPC contractor and on an item rate basis for infrastructure projects. The company operates in three business segments: Road and Highway Construction projects, Trading, and Quarry Mining.