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TIL (BOM:505196) Debt-to-Asset : 0.42 (As of Mar. 2024)


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What is TIL Debt-to-Asset?

TIL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹695.5 Mil. TIL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,022.8 Mil. TIL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹4,136.5 Mil. TIL's debt to asset for the quarter that ended in Mar. 2024 was 0.42.

TIL Debt-to-Asset Historical Data

The historical data trend for TIL's Debt-to-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.

TIL Debt-to-Asset Chart

TIL Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.51 1.08 1.17 0.42

TIL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.17 - 1.15 - 0.42

Competitive Comparison of TIL's Debt-to-Asset

For the Farm & Heavy Construction Machinery subindustry, TIL's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TIL's Debt-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, TIL's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where TIL's Debt-to-Asset falls into.


TIL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TIL's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(695.5 + 1022.8) / 4136.5
=0.42

TIL's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(695.5 + 1022.8) / 4136.5
=0.42

* 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.

TIL  (BOM:505196) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

TIL Debt-to-Asset Related Terms

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

TIL (BOM:505196) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » TIL Ltd (BOM:505196) » Definitions » Debt-to-Asset
Comparable Companies
BOM:523754 NSE:TARACHAND BOM:536974 BOM:530449 NSE:DIL NSE:ISHAN NSE:RMDRIP BOM:526711 BOM:522001 BOM:519191 CAT DE PCAR OSTO:VOLV A TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A SHSE:600031 TSE:6326
Traded in Other Exchanges
TIL:India
Address
1, Taratolla Road, Garden Reach, Kolkata, WB, IND, 700024
Website
https://www.tilindia.in
TIL Ltd is an India based company engaged in providing customized designs manufactures and markets a comprehensive range of material handling, lifting, port equipment, road building solutions, with integrated customer support and after-sales service. The company operates in only Material handling solutions segment which comprises of manufacturing and marketing of various materials handling equipment such as mobile cranes, port equipment, self-loading truck cranes and road construction equipment as well as dealing in spares and providing services to related equipment. Geographically, the group has a business presence in India and Outside India of which key revenue is earned within the Indian market.

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