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NaturalShrimp (NaturalShrimp) LT-Debt-to-Total-Asset : 0.74 (As of Sep. 2023)


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What is NaturalShrimp 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. NaturalShrimp's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.74.

NaturalShrimp's long-term debt to total assets ratio increased from Sep. 2022 (0.19) to Sep. 2023 (0.74). It may suggest that NaturalShrimp is progressively becoming more dependent on debt to grow their business.

NaturalShrimp LT-Debt-to-Total-Asset Historical Data

The historical data trend for NaturalShrimp'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.

NaturalShrimp LT-Debt-to-Total-Asset Chart

NaturalShrimp Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.22 0.37 0.08 0.66

NaturalShrimp Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.19 0.64 0.66 0.69 0.74

NaturalShrimp LT-Debt-to-Total-Asset Calculation

NaturalShrimp'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 )
=21.439/32.587
=0.66

NaturalShrimp'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 )
=21.775/29.42
=0.74

* 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.

NaturalShrimp  (OTCPK:SHMP) 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.

NaturalShrimp LT-Debt-to-Total-Asset Related Terms

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NaturalShrimp (NaturalShrimp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NaturalShrimp Inc (OTCPK:SHMP) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
LOCL TAER AQB SANW SISI EDBL SDOT AGRI OGAA APPHQ ADM SZSE:002714 SZSE:300498 SHSE:600438 TSN BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN
Traded in Other Exchanges
N/A
Address
5501 LBJ Freeway, Suite 450, Dallas, TX, USA, 75240
Website
https://www.naturalshrimp.com
NaturalShrimp Inc is a shrimp farming biotechnology company. The firm with its subsidiaries develops proprietary technologies for the growth and sale of natural shrimp indoors without the use of antibiotics or toxic materials. Its products include Vibrio suppression technology and Automated monitoring and control system.
Executives
Gerald Easterling director, officer: President & Secretary C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
Thomas Untermeyer officer: Chief Technology Officer C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
Naturalshrimp Holdings Inc 10 percent owner 833 CR 583, La Coste TX 78039
Bill G. Williams director, officer: Chief Executive Officer C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
Alexander Baez officer: Chief Financial Officer C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
William J Delgado director, officer: President, Sec. & Treasurer 7154 SUTTER AVENUE, CARMICHAEL CA 95608
Dragon Acquisitions Llc 10 percent owner 989 TAHOE BLVD., UNIT 64L, INCLINE VILLAGE NV 89541
Walter Brenner director, officer: CEO 1030 DENMAN STREET, SUITE 125A, VANCOUVER A1 V6G 2M6
Andrew Rybacha director 12F WORLD TRADE CENTRE, #25 TONGXING ST., ZHONGSHAN DISTRICT, DALIAN F4 116001
Hui Deng officer: Secretary 12F WORLD TRADE CENTRE, #25 TONGXING ST., ZONGSHAN DISTRICT, DALIAN F4 116001
Yuan Kun Deng director, officer: President 12F, WORLD TRADE CENTER, NO. 25 TONGXING ST., DALIAN F4 116001