Vibhor Steel Tubes (NSE:VSTL) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2024)

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What is Vibhor Steel Tubes 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. Vibhor Steel Tubes's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.10.

Vibhor Steel Tubes's long-term debt to total assets ratio increased from Sep. 2023 (0.05) to Sep. 2024 (0.10). It may suggest that Vibhor Steel Tubes is progressively becoming more dependent on debt to grow their business.

Vibhor Steel Tubes LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vibhor Steel Tubes'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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Vibhor Steel Tubes LT-Debt-to-Total-Asset Chart

Vibhor Steel Tubes Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.04

0.06

0.05

Vibhor Steel Tubes Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.06	0.05	0.05	0.05	0.10

Vibhor Steel Tubes LT-Debt-to-Total-Asset Calculation

Vibhor Steel Tubes'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 )
	=	197.803	/	3831.949
	=	0.05

Vibhor Steel Tubes'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 )
	=	396.778	/	3989.079
	=	0.10

Vibhor Steel Tubes (NSE:VSTL) 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.

Vibhor Steel Tubes LT-Debt-to-Total-Asset Related Terms

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Vibhor Steel Tubes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vibhor Steel Tubes Ltd (NSE:VSTL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

544124:India

Address

Delhi Road, Plot No. 2, Industrial Development Colony, Hisar, HR, IND, 125005

Website

https://www.vstlindia.com

Vibhor Steel Tubes Ltd is a manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. Steel pipes and tubes are used pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes, and others.

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