Tolins Tyres (NSE:TOLINS) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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

Tolins Tyres's long-term debt to total assets ratio declined from Sep. 2023 (0.08) to Dec. 2024 (0.00). It may suggest that Tolins Tyres is progressively becoming less dependent on debt to grow their business.

Tolins Tyres LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tolins Tyres'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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Tolins Tyres LT-Debt-to-Total-Asset Chart

Tolins Tyres Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.16

0.15

0.16

0.04

Tolins Tyres Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.08	-	0.04	0.01	-

Tolins Tyres LT-Debt-to-Total-Asset Calculation

Tolins Tyres'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 )
	=	88.04	/	2215.98
	=	0.04

Tolins Tyres'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
	=

Tolins Tyres (NSE:TOLINS) 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.

Tolins Tyres LT-Debt-to-Total-Asset Related Terms

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Tolins Tyres Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tolins Tyres Ltd (NSE:TOLINS) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

544254:India

Address

No. 1/47, M C Road, Kalady, Aluva, Ernakulam, KL, IND, 683574

Website

https://www.tolinstyres.com

Tolins Tyres Ltd is one of the companies that are present in both verticals - manufacturing of new tyres and tread rubber. The company is engaged in manufacturing of bias tyres for a comprehensive array of vehicles (including light commercial, agricultural and two/three-wheeler vehicles) and precured tread rubber and is also involved in the manufacturing of ancillary products like bonding gum, vulcanizing solution, tyre flaps and tubes.

Tolins Tyres Headlines

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