Shree Tirupati Balajee FIBC (NSE:TIRUPATI) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Shree Tirupati Balajee FIBC 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. Shree Tirupati Balajee FIBC's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Shree Tirupati Balajee FIBC's long-term debt to total assets ratio declined from Mar. 2023 (0.15) to Mar. 2024 (0.09). It may suggest that Shree Tirupati Balajee FIBC is progressively becoming less dependent on debt to grow their business.

Shree Tirupati Balajee FIBC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shree Tirupati Balajee FIBC'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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Shree Tirupati Balajee FIBC LT-Debt-to-Total-Asset Chart

Shree Tirupati Balajee FIBC Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.04

0.07

0.12

0.15

0.09

Shree Tirupati Balajee FIBC Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.12	0.14	0.15	0.10	0.09

Shree Tirupati Balajee FIBC LT-Debt-to-Total-Asset Calculation

Shree Tirupati Balajee FIBC'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 )
	=	137.8	/	1593.598
	=	0.09

Shree Tirupati Balajee FIBC'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 )
	=	137.8	/	1593.598
	=	0.09

Shree Tirupati Balajee FIBC (NSE:TIRUPATI) 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.

Shree Tirupati Balajee FIBC LT-Debt-to-Total-Asset Related Terms

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Shree Tirupati Balajee FIBC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shree Tirupati Balajee FIBC Ltd (NSE:TIRUPATI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

E-34, H.I.G. Colony, Ravi Shankar Nagar, Indore, MP, IND, 452011

Website

https://www.tirupatibalajee.com

Shree Tirupati Balajee FIBC Ltd is carrying business of manufacturers, producers, processors, importers, exporters, buyers, and sellers of FIBC, Bulk Bags, Poly Tarpaulin, Woven Sacks/Bags, Box Bags, PP/HDPE Fabric, Liner, and Flexible Packaging from its plants located at Pithampur. It is mainly engaged in the business of manufacturing of FIBC/Jumbo Bags. All the operations of the company are conducted within India.

Shree Tirupati Balajee FIBC Headlines

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