Panyam Cements & Mineral Industries (BOM:500322) LT-Debt-to-Total-Asset : 1.52 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Panyam Cements & Mineral Industries 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. Panyam Cements & Mineral Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 1.52.

Panyam Cements & Mineral Industries's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Mar. 2024 (1.52). It may suggest that Panyam Cements & Mineral Industries is progressively becoming more dependent on debt to grow their business.

Panyam Cements & Mineral Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Panyam Cements & Mineral Industries'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.

* Premium members only.

Panyam Cements & Mineral Industries LT-Debt-to-Total-Asset Chart

Panyam Cements & Mineral Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

1.26

1.52

Panyam Cements & Mineral Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	1.42	-	1.52

Panyam Cements & Mineral Industries LT-Debt-to-Total-Asset Calculation

Panyam Cements & Mineral Industries'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 )
	=	3141.36	/	2067.162
	=	1.52

Panyam Cements & Mineral Industries'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 )
	=	3141.36	/	2067.162
	=	1.52

Panyam Cements & Mineral Industries (BOM:500322) 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.

Panyam Cements & Mineral Industries LT-Debt-to-Total-Asset Related Terms

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

Panyam Cements & Mineral Industries (BOM:500322) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Panyam Cements & Mineral Industries Ltd (BOM:500322) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

H.No. 1-65, 1st Floor, Plot No.539, Guttala Begumpet Village, Madhapur, Hyderabad, TG, IND, 500081

Website

https://www.panyamcements.in

Panyam Cements & Mineral Industries Ltd is an India-based manufacturer and supplier of cement products. Its product mix includes ordinary portland cement, portland pozzolana cement and portland slag cement sold under the brand names of PANYAM 53 Grade Cement, 43 Grade Cement, PPC Cement, and PSC Cement. Panyam Cements is used in a large scale for the construction of multi-storied buildings, concrete roads and many housing colonies and townships.

Panyam Cements & Mineral Industries (BOM:500322) Headlines

No Headlines