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La Tim Metal & Industries (BOM:505693) Liabilities-to-Assets : 0.57 (As of Mar. 2024)


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What is La Tim Metal & Industries Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. La Tim Metal & Industries's Total Liabilities for the quarter that ended in Mar. 2024 was ₹718 Mil. La Tim Metal & Industries's Total Assets for the quarter that ended in Mar. 2024 was ₹1,251 Mil. Therefore, La Tim Metal & Industries's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.57.


La Tim Metal & Industries Liabilities-to-Assets Historical Data

The historical data trend for La Tim Metal & Industries's Liabilities-to-Assets 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.

La Tim Metal & Industries Liabilities-to-Assets Chart

La Tim Metal & Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.86 0.78 0.75 0.57

La Tim Metal & Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.75 - 0.81 - 0.57

Competitive Comparison of La Tim Metal & Industries's Liabilities-to-Assets

For the Steel subindustry, La Tim Metal & Industries's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


La Tim Metal & Industries's Liabilities-to-Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, La Tim Metal & Industries's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where La Tim Metal & Industries's Liabilities-to-Assets falls into.



La Tim Metal & Industries Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

La Tim Metal & Industries's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=718.063/1250.889
=0.57

La Tim Metal & Industries's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=718.063/1250.889
=0.57

* 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.


La Tim Metal & Industries  (BOM:505693) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


La Tim Metal & Industries Liabilities-to-Assets Related Terms

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La Tim Metal & Industries (BOM:505693) Business Description

Traded in Other Exchanges
Address
Bajaj Road, 2nd Floor, 201, Navkar Plaza, Vile Parle (West), Mumbai, MH, IND, 400056
La Tim Metal & Industries Ltd is engaged in the business of importing coils and profile sheets of steel and trading them into the Indian market. The colour coated coils and profiles are mainly consumed in construction and infrastructure sector. The company's two reporting segments are Trading of Goods and Real Estate Development Activity.

La Tim Metal & Industries (BOM:505693) Headlines

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