Lloyds Metals & Energy (NSE:LLOYDSME) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Lloyds Metals & Energy 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. Lloyds Metals & Energy's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Lloyds Metals & Energy's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.01). It may suggest that Lloyds Metals & Energy is progressively becoming more dependent on debt to grow their business.

Lloyds Metals & Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lloyds Metals & Energy'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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Lloyds Metals & Energy LT-Debt-to-Total-Asset Chart

Lloyds Metals & Energy Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.13

0.07

0.01

Lloyds Metals & Energy 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	-	0.01

Lloyds Metals & Energy LT-Debt-to-Total-Asset Calculation

Lloyds Metals & Energy'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 )
	=	294.4	/	39375.4
	=	0.01

Lloyds Metals & Energy'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 )
	=	294.4	/	39375.4
	=	0.01

Lloyds Metals & Energy (NSE:LLOYDSME) 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.

Lloyds Metals & Energy LT-Debt-to-Total-Asset Related Terms

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Lloyds Metals & Energy (NSE:LLOYDSME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Lloyds Metals & Energy Ltd (NSE:LLOYDSME) » Definitions » LT-Debt-to-Total-Asset

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512455:India

Address

Pandurang Budhkar Marg, A2, 2nd Floor, Madhu Estate, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.lloyds.in

Lloyds Metals & Energy Ltd is an Indian coal-based sponge iron producer, engaged in the manufacturing of sponge iron and steel, and generation/distribution of Power. The firm's main segment activities are Sponge Iron and Mining. The company generates most of its revenues from the sale of Mining segment.

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