Watawala Plantations (COL:WATA.N0000) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Watawala Plantations 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. Watawala Plantations's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.05.

Watawala Plantations's long-term debt to total assets ratio declined from Dec. 2022 (0.06) to Dec. 2023 (0.05). It may suggest that Watawala Plantations is progressively becoming less dependent on debt to grow their business.

Watawala Plantations LT-Debt-to-Total-Asset Historical Data

The historical data trend for Watawala Plantations'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.

Watawala Plantations LT-Debt-to-Total-Asset Chart

Watawala Plantations Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.19

0.12

0.09

0.05

0.03

Watawala Plantations Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.03	0.05	0.05	0.05

Watawala Plantations LT-Debt-to-Total-Asset Calculation

Watawala Plantations's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	273.625	/	8834.449
	=	0.03

Watawala Plantations's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	457.27	/	8884.576
	=	0.05

Watawala Plantations (COL:WATA.N0000) 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.

Watawala Plantations LT-Debt-to-Total-Asset Related Terms

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

Watawala Plantations (COL:WATA.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Watawala Plantations PLC (COL:WATA.N0000) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 60, Dharmapala Mawatha, Colombo, LKA, 03

Website

https://www.watawalaplantations.lk

Watawala Plantations PLC engages in the provision of agricultural products. It operates through the following segments: Palm Oil, Dairy, and others. Its Dairy segment provides various dairy products. The Palm Oil segment includes producing crude and kernel palm oil and generates the majority of revenue for the company. It is also involved in the marketing of tea products.

Watawala Plantations (COL:WATA.N0000) Headlines

No Headlines