Yasons Chemex Care (NSE:YCCL) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Yasons Chemex Care 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. Yasons Chemex Care's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.03.

Yasons Chemex Care's long-term debt to total assets ratio increased from Mar. 2021 (0.02) to Mar. 2023 (0.03). It may suggest that Yasons Chemex Care is progressively becoming more dependent on debt to grow their business.

Yasons Chemex Care LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yasons Chemex Care'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.

* Premium members only.

Yasons Chemex Care LT-Debt-to-Total-Asset Chart

Yasons Chemex Care Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.02

0.03

Yasons Chemex Care Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23
LT-Debt-to-Total-Asset	0.02	0.02	0.02	0.02	0.03

Yasons Chemex Care LT-Debt-to-Total-Asset Calculation

Yasons Chemex Care'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 )
	=	7.737	/	275.859
	=	0.03

Yasons Chemex Care's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	7.737	/	275.859
	=	0.03

Yasons Chemex Care (NSE:YCCL) 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.

Yasons Chemex Care LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Yasons Chemex Care's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Yasons Chemex Care (NSE:YCCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Yasons Chemex Care Ltd (NSE:YCCL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

132ft Ring Road, 4th floor, 412 Sigma Icon-1, Opposite Medilink Hospital, Satellite, Ahmedabad, GJ, IND, 380015

Website

https://www.yasonschemexcare.com

Yasons Chemex Care Ltd is engaged in manufacturing dyes & pigment paste, IMCG, and FMCG products. The IMCG products of the company includes Textile dyes, pigments and paints. The Company also manufactures a wide range of pigment paste from various chemicals. Within FMCG it manufactures or packages products such as hair oil, perfumes & deodorant, handmade soap, sanitizer, etc., under its brand name PLXO.

Yasons Chemex Care (NSE:YCCL) Headlines

No Headlines