Mangalam Organics (BOM:514418) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2023)

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What is Mangalam Organics 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. Mangalam Organics's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.06.

Mangalam Organics's long-term debt to total assets ratio declined from Sep. 2022 (0.19) to Sep. 2023 (0.06). It may suggest that Mangalam Organics is progressively becoming less dependent on debt to grow their business.

Mangalam Organics LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mangalam Organics'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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Mangalam Organics LT-Debt-to-Total-Asset Chart

Mangalam Organics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.04

0.09

0.08

0.04

Mangalam Organics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.08	-	0.06	0.04

Mangalam Organics LT-Debt-to-Total-Asset Calculation

Mangalam Organics'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 )
	=	208.019	/	4854.226
	=	0.04

Mangalam Organics's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	291.492	/	5032.528
	=	0.06

Mangalam Organics (BOM:514418) 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.

Mangalam Organics LT-Debt-to-Total-Asset Related Terms

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Mangalam Organics (BOM:514418) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Mangalam Organics Ltd (BOM:514418) » Definitions » LT-Debt-to-Total-Asset

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MANORG:India

Address

Free Press Journal Marg, 812/813, Tulsiani Chamber, 212, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.mangalamorganics.com

Mangalam Organics Ltd is an India-based company involved in manufacturing chemicals. It is engaged in manufacturing Camphor, Resin, and Sodium Acetate. Its primary segments are Synthetic Resin operations, Terpene operations, and Retail operations. Its production unit is located at Kumbhivali, Maharashtra state, India. The terpene products segment, which generates a vast majority of the revenue, includes Camphor technical, Camphene, Isobornyl acetate, Isoborneol, Dipentene, Camphor oil, Pine tar, Pine oil among others. Its resin products include Penta ester gum, Glycerol ester gum, and Gum rosin among others.

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