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AG Universal (NSE:AGUL) LT-Debt-to-Total-Asset : 0.31 (As of Sep. 2023)


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What is AG Universal 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. AG Universal's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.31.

AG Universal's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Sep. 2023 (0.31). It may suggest that AG Universal is progressively becoming more dependent on debt to grow their business.


AG Universal LT-Debt-to-Total-Asset Historical Data

The historical data trend for AG Universal'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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AG Universal LT-Debt-to-Total-Asset Chart

AG Universal Annual Data
Trend Mar20 Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
0.28 0.41 0.29 0.32

AG Universal Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.41 0.29 - 0.32 0.31

AG Universal LT-Debt-to-Total-Asset Calculation

AG Universal'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 )
=133.82/416.172
=0.32

AG Universal'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 )
=134.554/432.49
=0.31

* 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.


AG Universal  (NSE:AGUL) 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.


AG Universal LT-Debt-to-Total-Asset Related Terms

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AG Universal (NSE:AGUL) Business Description

Traded in Other Exchanges
N/A
Address
F-1, 34/1, Vikas Apartments, East Punjabi Bagh, West Delhi, New Delhi, IND, 110026
AG Universal Ltd operates as a supplier of industrial MS Tubes, GI Pipes, and Hollow Sections. The company's product range includes Stainless Steel Pipes, Mild Steel Pipes, ERW Black Pipes, GI Pipes, Hollow Sections, uPVC Pipes, cPVC Pipes, TMT Bars, Wire Rods, MS Wire, CR Coils, and HR Coils. The company's operating segments are Trading Division -Plants / Iron Products / Ultramaxx Batteries / S S Utensils, Manufacturing Division - Aluminium Extruded Profile and Real Estate Division.

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