Bannari Amman Sugars (BOM:500041) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

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What is Bannari Amman Sugars 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. Bannari Amman Sugars's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

Bannari Amman Sugars's long-term debt to total assets ratio declined from Mar. 2023 (0.07) to Mar. 2024 (0.03). It may suggest that Bannari Amman Sugars is progressively becoming less dependent on debt to grow their business.

Bannari Amman Sugars LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bannari Amman Sugars'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.

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Bannari Amman Sugars LT-Debt-to-Total-Asset Chart

Bannari Amman Sugars Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.10

0.07

0.05

0.07

0.03

Bannari Amman Sugars Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	-	0.05	-	0.03

Bannari Amman Sugars LT-Debt-to-Total-Asset Calculation

Bannari Amman Sugars's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	675.364	/	24349.554
	=	0.03

Bannari Amman Sugars's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	675.364	/	24349.554
	=	0.03

Bannari Amman Sugars (BOM:500041) 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.

Bannari Amman Sugars LT-Debt-to-Total-Asset Related Terms

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Bannari Amman Sugars (BOM:500041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bannari Amman Sugars Ltd (BOM:500041) » Definitions » LT-Debt-to-Total-Asset

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BANARISUG:India

Address

1212, Trichy Road, Coimbatore, TN, IND, 641018

Website

http://www.bannari.com

Bannari Amman Sugars Ltd is an India based industrial conglomerate engaged in the manufacturing, trading and service activities. The company manufactures and trades in products segment of Sugar, Power, Distillery and Granite products. It generates the majority of the revenue from the Sugar products. The group markets the products in India, and also exports sugar and granite products internationally, of which majority of the revenue is generated from the sales made in India.

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