Tega Industries (BOM:543413) Debt-to-Asset : 0.16 (As of Mar. 2024)

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What is Tega Industries Debt-to-Asset?

Tega Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,421 Mil. Tega Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,659 Mil. Tega Industries's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹18,901 Mil. Tega Industries's debt to asset for the quarter that ended in Mar. 2024 was 0.16.

Tega Industries Debt-to-Asset Historical Data

The historical data trend for Tega 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.

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Tega Industries Debt-to-Asset Chart

Tega Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.31

0.22

0.21

0.22

0.16

Tega Industries Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial											0.22	-	0.20	-	0.16

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

For the Specialty Industrial Machinery subindustry, Tega 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.

Tega Industries's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tega Industries's Debt-to-Asset distribution charts can be found below:

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

Tega Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tega 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
	=	(1421.28	+	1658.87)	/	18901.39
	=	0.16

Tega 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
	=	(1421.28	+	1658.87)	/	18901.39
	=	0.16

Tega Industries (BOM:543413) 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.

Tega Industries Debt-to-Asset Related Terms

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Tega Industries (BOM:543413) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tega Industries Ltd (BOM:543413) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

TEGA:India

Address

Godrej Waterside, Tower-II, Ring Rd, Office No 807, 8th Floor, Block DP-5, Salt Lake Sector V, Bidhannagar, Kolkata, WB, IND, 700 091

Website

https://www.tegaindustries.com

Tega Industries Ltd is a manufacturer of specialized consumable products for the mineral beneficiation, mining, and bulk solids handling industry. The company offers a range of specialized abrasion and wear-resistant rubber, polyurethane, steel, and ceramic-based lining components required for mining and mineral processing, screening, grinding, and material handling.

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