Rhetan TMT (BOM:543590) Debt-to-Asset : 0.14 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Rhetan TMT Debt-to-Asset?

Rhetan TMT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹145.5 Mil. Rhetan TMT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹12.4 Mil. Rhetan TMT's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹1,141.2 Mil. Rhetan TMT's debt to asset for the quarter that ended in Mar. 2024 was 0.14.

Rhetan TMT Debt-to-Asset Historical Data

The historical data trend for Rhetan TMT'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.

Rhetan TMT Debt-to-Asset Chart

Rhetan TMT Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

0.80

0.65

0.45

0.16

0.14

Rhetan TMT Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial			0.45	0.22	0.16	0.13	0.14

Competitive Comparison of Rhetan TMT's Debt-to-Asset

For the Steel subindustry, Rhetan TMT'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.

Rhetan TMT's Debt-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rhetan TMT's Debt-to-Asset distribution charts can be found below:

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

Rhetan TMT Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Rhetan TMT'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
	=	(145.489	+	12.365)	/	1141.244
	=	0.14

Rhetan TMT'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
	=	(145.489	+	12.365)	/	1141.244
	=	0.14

Rhetan TMT (BOM:543590) 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.

Rhetan TMT Debt-to-Asset Related Terms

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

Rhetan TMT (BOM:543590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rhetan TMT Ltd (BOM:543590) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

Rasala Marg, Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Ahmedabad, GJ, IND, 380006

Website

http://www.rhetan.com

Rhetan TMT Ltd manufactures TMT Bars and Round Bars which are used in the construction industry. The products are used in the construction of dams, bridges, residential and commercial towers, and the majority of infrastructure projects in Gujarat.

Rhetan TMT (BOM:543590) Headlines

No Headlines