Sawaca Business Machines (BOM:531893) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is Sawaca Business Machines 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. Sawaca Business Machines's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Sawaca Business Machines's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.04). It may suggest that Sawaca Business Machines is progressively becoming more dependent on debt to grow their business.

Sawaca Business Machines LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sawaca Business Machines'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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Sawaca Business Machines LT-Debt-to-Total-Asset Chart

Sawaca Business Machines Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.01

0.02

0.01

0.04

Sawaca Business Machines 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															0.01	-	0.02	-	0.04

Sawaca Business Machines LT-Debt-to-Total-Asset Calculation

Sawaca Business Machines'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 )
	=	5.977	/	147.645
	=	0.04

Sawaca Business Machines'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 )
	=	5.977	/	147.645
	=	0.04

Sawaca Business Machines (BOM:531893) 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.

Sawaca Business Machines LT-Debt-to-Total-Asset Related Terms

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Sawaca Business Machines (BOM:531893) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sawaca Business Machines Ltd (BOM:531893) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ashram Road, 45, Chinubhai Towers, Opposite Handloom House, Ahmedabad, GJ, IND, 380009

Website

https://www.sawacabusiness.com

Sawaca Business Machines Ltd is mainly engaged in the trading of perfumery chemicals. The company operates in the business of Trading. The main products for Trading include Various Perfumery Chemicals.

Sawaca Business Machines (BOM:531893) Headlines

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