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Cosmic CRF (BOM:543928) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)


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

Cosmic CRF's long-term debt to total assets ratio declined from Mar. 2023 (0.39) to Mar. 2024 (0.04). It may suggest that Cosmic CRF is progressively becoming less dependent on debt to grow their business.


Cosmic CRF LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cosmic CRF'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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Cosmic CRF LT-Debt-to-Total-Asset Chart

Cosmic CRF Annual Data
Trend Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
0.42 0.39 0.04

Cosmic CRF Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24
LT-Debt-to-Total-Asset 0.42 - 0.39 0.08 0.04

Cosmic CRF LT-Debt-to-Total-Asset Calculation

Cosmic CRF'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 )
=102.206/2540.349
=0.04

Cosmic CRF'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 )
=102.206/2540.349
=0.04

* 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.


Cosmic CRF  (BOM:543928) 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.


Cosmic CRF LT-Debt-to-Total-Asset Related Terms

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Cosmic CRF (BOM:543928) Business Description

Traded in Other Exchanges
N/A
Address
19, Monohar Pukur Road, Kolkata, WB, IND, 700 029
Cosmic CRF Ltd engages in the manufacture and trade of railway components, cold rolled formed sections, forged items, non-forged items, steel plates and coils, tubes, and any other allied components and products for the railways, wagons locomotives, bogies, automobiles, passenger coaches, metro rail, and defense equipment.

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