Zenith Steel Pipes & Industries (NSE:ZENITHSTL) LT-Debt-to-Total-Asset: 0.24 (As of Mar. 2026)

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NSE:ZENITHSTL Zenith Steel Pipes & Industries Ltd NSE:ZENITHSTL
38 GF Score
Price ₹5.52
GF Value ₹3.32
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Zenith Steel Pipes & Industries LT-Debt-to-Total-Asset?

Zenith Steel Pipes & Industries NSE:ZENITHSTL +0.18% 38 LT-Debt-to-Total-Asset is 0.24 as of Mar. 2026. GuruFocus rates NSE:ZENITHSTL with a GF Score™ of 38/100 and a GF Value™ of ₹3.32 (Significantly Overvalued). The stock has 7 warning signs investors should review.

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. Zenith Steel Pipes & Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.24.

Zenith Steel Pipes & Industries's long-term debt to total assets ratio increased from Mar. 2025 (0.14) to Mar. 2026 (0.24). It may suggest that Zenith Steel Pipes & Industries is progressively becoming more dependent on debt to grow their business.

Zenith Steel Pipes & Industries  (NSE:ZENITHSTL) 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.

Zenith Steel Pipes & Industries LT-Debt-to-Total-Asset Related Terms

Zenith Steel Pipes & Industries LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Zenith Steel Pipes & Industries'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.

Zenith Steel Pipes & Industries LT-Debt-to-Total-Asset Chart

Zenith Steel Pipes & Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.04 0.12 0.14 0.24

Zenith Steel Pipes & Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.00 0.19 0.00 0.24
NSE:ZENITHSTL
38GF Score
Zenith Steel Pipes & Industries Ltd NSE:ZENITHSTL
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Zenith Steel Pipes & Industries LT-Debt-to-Total-Asset Calculation

Zenith Steel Pipes & Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (A: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2026 )/Total Assets (A: Mar. 2026 )
=373.743/1539.405
=0.24

Zenith Steel Pipes & Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=373.743/1539.405
=0.24

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.24 mean?
Zenith Steel Pipes & Industries (NSE:ZENITHSTL) has a LT-Debt-to-Total-Asset of 0.24 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Zenith Steel Pipes & Industries and its competitors.
Is Zenith Steel Pipes & Industries' LT-Debt-to-Total-Asset too high?
Zenith Steel Pipes & Industries' current LT-Debt-to-Total-Asset is 0.24. Overall, Zenith Steel Pipes & Industries has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Steel Pipes & Industries' LT-Debt-to-Total-Asset compare to NUE and STLD?
Zenith Steel Pipes & Industries' LT-Debt-to-Total-Asset of 0.24 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Steel company?
A good LT-Debt-to-Total-Asset depends on the Steel industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Zenith Steel Pipes & Industries and its competitors. Zenith Steel Pipes & Industries's current LT-Debt-to-Total-Asset is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Steel Pipes & Industries stock overvalued right now?
Based on GuruFocus' analysis, Zenith Steel Pipes & Industries (NSE:ZENITHSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.32, compared to a current price of ₹5.52 — trading 66.3% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.24. Zenith Steel Pipes & Industries' overall GF Score™ is 38/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Zenith Steel Pipes & Industries (NSE:ZENITHSTL), the current LT-Debt-to-Total-Asset is 0.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zenith Steel Pipes & Industries (NSE:ZENITHSTL) Overvalued in 2026?

Based on GuruFocus' analysis, Zenith Steel Pipes & Industries stock appears to be overvalued. The current stock price of ₹5.52 is trading 66.3% above its estimated GF Value™ of ₹3.32. GuruFocus considers Zenith Steel Pipes & Industries to be Significantly Overvalued.

Key valuation signals for NSE:ZENITHSTL:

  • LT-Debt-to-Total-Asset: 0.24
  • GF Value™: ₹3.32 vs. price of ₹5.52 (66.3% above fair value)
  • GF Score™: 38/100 with 7 warning signs

No single metric tells the full story. See the NSE:ZENITHSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zenith Steel Pipes & Industries Business Description

Other Exchanges 531845:India
Address 206, J.B. Marg, 1st Floor, Dalamal House, Nariman Point, Mumbai, MH, IND, 400021
Zenith Steel Pipes & Industries Ltd is a manufacturer of steel pipes in India. Its product portfolio includes Electric Resistance Welded Black pipes, Electric Resistance Welded GI pipes, HSAW Pipes, and others. The vast majority of its revenue comes from India.
38GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹5.52
Price
₹3.32
GF Value