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Rashi Peripherals (NSE:RPTECH) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2023)


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What is Rashi Peripherals 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. Rashi Peripherals's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.01.

Rashi Peripherals's long-term debt to total assets ratio declined from Mar. 2021 (0.04) to Sep. 2023 (0.01). It may suggest that Rashi Peripherals is progressively becoming less dependent on debt to grow their business.

Rashi Peripherals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rashi Peripherals'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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Rashi Peripherals LT-Debt-to-Total-Asset Chart

Rashi Peripherals Annual Data
Trend Mar20 Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
0.01 0.04 0.02 0.02

Rashi Peripherals Quarterly Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.04 0.02 - 0.02 0.01

Rashi Peripherals LT-Debt-to-Total-Asset Calculation

Rashi Peripherals'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 )
=439.88/27985.99
=0.02

Rashi Peripherals'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 )
=344.73/40586.37
=

* 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.

Rashi Peripherals  (NSE:RPTECH) 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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Rashi Peripherals (NSE:RPTECH) Business Description

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Rashi Peripherals Ltd is a distributor of information and communications technology ("ICT") products. It operates two business verticals: Personal Computing, Enterprise and Cloud Solutions ("PES"): Under this vertical it distributes personal computing devices, enterprise solutions, embedded designs/ products and cloud computing, and Lifestyle and IT essentials ("LIT"): This includes the distribution of products such as (i) components that include graphic cards, central processing units ("CPUs") and motherboards; (ii) storage and memory devices, etc. It operates in a single operating segment namely, computer systems, software and peripherals, mobiles, and cloud services.

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