Vadivarhe Speciality Chemicals (NSE:VSCL) LT-Debt-to-Total-Asset : 0.51 (As of Sep. 2023)

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What is Vadivarhe Speciality Chemicals 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. Vadivarhe Speciality Chemicals's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.51.

Vadivarhe Speciality Chemicals's long-term debt to total assets ratio increased from Sep. 2022 (0.39) to Sep. 2023 (0.51). It may suggest that Vadivarhe Speciality Chemicals is progressively becoming more dependent on debt to grow their business.

Vadivarhe Speciality Chemicals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vadivarhe Speciality Chemicals'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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Vadivarhe Speciality Chemicals LT-Debt-to-Total-Asset Chart

Vadivarhe Speciality Chemicals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.22

0.20

0.31

0.38

0.35

Vadivarhe Speciality Chemicals Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.30	0.38	0.39	0.35	0.51

Vadivarhe Speciality Chemicals LT-Debt-to-Total-Asset Calculation

Vadivarhe Speciality Chemicals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	162.641	/	464.354
	=	0.35

Vadivarhe Speciality Chemicals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	182.579	/	361.837
	=	0.50

Vadivarhe Speciality Chemicals (NSE:VSCL) 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.

Vadivarhe Speciality Chemicals LT-Debt-to-Total-Asset Related Terms

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Vadivarhe Speciality Chemicals (NSE:VSCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vadivarhe Speciality Chemicals Ltd (NSE:VSCL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gat No. 204, Vadivarhe, Igatpuri, Nashik, MH, IND, 422403

Website

https://www.vscl.in

Vadivarhe Speciality Chemicals Ltd is a company that engages in organic chemicals for a variety of uses. The company manufactures specialty chemicals, and active ingredients for pharmaceutical and intermediate, and personal care use. Its product range comprises Intermediates, Ingredients for Personal and Hair Care Products, and Speciality Chemicals for API manufacturers.

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