Zuari Agro Chemicals (BOM:534742) LT-Debt-to-Total-Asset : 0.11 (As of Mar. 2024)

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What is Zuari Agro Chemicals 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. Zuari Agro Chemicals's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.11.

Zuari Agro Chemicals's long-term debt to total assets ratio declined from Mar. 2023 (0.13) to Mar. 2024 (0.11). It may suggest that Zuari Agro Chemicals is progressively becoming less dependent on debt to grow their business.

Zuari Agro Chemicals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zuari Agro Chemicals'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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Zuari Agro Chemicals LT-Debt-to-Total-Asset Chart

Zuari Agro Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.09

0.11

0.09

0.13

0.11

Zuari Agro Chemicals 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															0.13	-	0.09	-	0.11

Zuari Agro Chemicals LT-Debt-to-Total-Asset Calculation

Zuari Agro Chemicals'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 )
	=	5323.7	/	48199.1
	=	0.11

Zuari Agro Chemicals'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 )
	=	5323.7	/	48199.1
	=	0.11

Zuari Agro Chemicals (BOM:534742) 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.

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Zuari Agro Chemicals (BOM:534742) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Zuari Agro Chemicals Ltd (BOM:534742) » Definitions » LT-Debt-to-Total-Asset

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ZUARI:India

Address

Off Cubbon Road, No. 28, Union Street, Adventz Centre, 3rd Floor, Bangalore, KA, IND, 560 001

Website

https://www.zuari.in

Zuari Agro Chemicals Ltd is a manufacturer of organic and inorganic fertilizers. Its products are marketed under the Jai Kisaan brand. The company produces complex fertilizers of various grades along with seeds, pesticides, micro nutrients, and specialty fertilizers. In addition, it also acts as an importer of fertilizers and farm nutrients. The group operates through one geographical segment which is India.

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