Utssav CZ Gold Jewels (NSE:UTSSAV) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is Utssav CZ Gold Jewels 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. Utssav CZ Gold Jewels's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Utssav CZ Gold Jewels's long-term debt to total assets ratio declined from Mar. 2022 (0.22) to Mar. 2024 (0.04). It may suggest that Utssav CZ Gold Jewels is progressively becoming less dependent on debt to grow their business.

Utssav CZ Gold Jewels LT-Debt-to-Total-Asset Historical Data

The historical data trend for Utssav CZ Gold Jewels'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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Utssav CZ Gold Jewels LT-Debt-to-Total-Asset Chart

Utssav CZ Gold Jewels Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.35

0.22

0.12

0.04

Utssav CZ Gold Jewels Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
LT-Debt-to-Total-Asset	0.35	0.22	0.12	0.04

Utssav CZ Gold Jewels LT-Debt-to-Total-Asset Calculation

Utssav CZ Gold Jewels'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 )
	=	50.957	/	1212.381
	=	0.04

Utssav CZ Gold Jewels'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 )
	=	50.957	/	1212.381
	=	0.04

Utssav CZ Gold Jewels (NSE:UTSSAV) 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.

Utssav CZ Gold Jewels LT-Debt-to-Total-Asset Related Terms

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Utssav CZ Gold Jewels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Utssav CZ Gold Jewels Ltd (NSE:UTSSAV) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Mahakali Caves Road, Plot No. 4 and 5, 2nd Floor, Hitech Plaza, Giriraj Industrial Estate, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.utssavjewels.com

Utssav CZ Gold Jewels Ltd is in the business of designing, manufacturing, wholesaling and exporting of 18Karat 20Karat and 22Karat CZ Gold jewellery. The Company specializes in the lightweight production of cubic zirconia (CZ) gold and rose gold casting jewellery. It manufactures and offers a wide collection of products such as Rings, Earrings, Pendants, Bracelets Necklaces, Watches, and Broaches, etc.

Utssav CZ Gold Jewels Headlines

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