GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mohit Industries Ltd (BOM:531453) » Definitions » Debt-to-Asset

Mohit Industries (BOM:531453) Debt-to-Asset : 0.16 (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Mohit Industries Debt-to-Asset?

Mohit Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹476 Mil. Mohit Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹48 Mil. Mohit Industries's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹3,298 Mil. Mohit Industries's debt to asset for the quarter that ended in Mar. 2024 was 0.16.


Mohit Industries Debt-to-Asset Historical Data

The historical data trend for Mohit Industries's Debt-to-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.

Mohit Industries Debt-to-Asset Chart

Mohit Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.45 0.26 0.23 0.16

Mohit Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-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 0.23 - 0.19 - 0.16

Competitive Comparison of Mohit Industries's Debt-to-Asset

For the Textile Manufacturing subindustry, Mohit Industries's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mohit Industries's Debt-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mohit Industries's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Mohit Industries's Debt-to-Asset falls into.



Mohit Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Mohit Industries's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(475.739 + 48.264) / 3298.368
=0.16

Mohit Industries's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(475.739 + 48.264) / 3298.368
=0.16

* 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.


Mohit Industries  (BOM:531453) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Mohit Industries Debt-to-Asset Related Terms

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


Mohit Industries (BOM:531453) Business Description

Traded in Other Exchanges
Address
Majura Gate, Ring Road, A-601/B, International Trade Centre, Surat, GJ, IND, 395002
Mohit Industries Ltd is an India-based company engaged in the manufacturing of Yarns and Textile products. The company is engaged in the manufacture of texturized yarn from partially oriented yarn (POY) and the weaving of the yarn to grey cloth. It exports DTY Yarn to South Korea, Thailand, the Czech Republic, Guatemala, Bulgaria, Indonesia, Japan, Vietnam, Malaysia, Mexico, Colombia, UK, Bangladesh, Sweden, Ethiopia and other countries.

Mohit Industries (BOM:531453) Headlines

No Headlines