TRF (NSE:TRF) LT-Debt-to-Total-Asset : 0.35 (As of Sep. 2024)

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What is TRF 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. TRF's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.35.

TRF's long-term debt to total assets ratio increased from Sep. 2023 (0.27) to Sep. 2024 (0.35). It may suggest that TRF is progressively becoming more dependent on debt to grow their business.

TRF LT-Debt-to-Total-Asset Historical Data

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

TRF Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.02

0.06

0.15

0.06

0.09

TRF Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	-	0.09	-	0.35

TRF LT-Debt-to-Total-Asset Calculation

TRF'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 )
	=	279.056	/	3095.095
	=	0.09

TRF'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 )
	=	1089.326	/	3149.757
	=	0.35

TRF (NSE:TRF) 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.

TRF LT-Debt-to-Total-Asset Related Terms

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TRF Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » TRF Ltd (NSE:TRF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

505854:India

Address

11, Station Road, Burma Mines, Jamshedpur, JH, IND, 831007

Website

https://www.trf.co.in

TRF Ltd through its subsidiaries is engaged in material handling equipment such as stackers, reclaimers, stacker-cum-reclaimers, ship loaders, unloaders, general conveyors, idler rollers, and all types of machinery for sorting, screening, and separating. The company undertakes turnkey projects of material handling for the infrastructure sector such as power and ports and industrial sectors such as steel plants, cement, fertilizers, and mining. The company is also engaged in the production of such material-handling equipment. Further, the company is engaged in providing services relating to design, engineering, and supervision.

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