Redtape (BOM:543957) Debt-to-Asset : 0.30 (As of Mar. 2024)

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What is Redtape Debt-to-Asset?

Redtape's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,641 Mil. Redtape's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,160 Mil. Redtape's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹15,884 Mil. Redtape's debt to asset for the quarter that ended in Mar. 2024 was 0.30.

Redtape Debt-to-Asset Historical Data

The historical data trend for Redtape'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.

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Redtape Debt-to-Asset Chart

Redtape Annual Data

Trend

Mar22

Mar23

Mar24

Debt-to-Asset

0.30

Redtape Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial				-	-	0.32	-	0.30

Competitive Comparison of Redtape's Debt-to-Asset

For the Footwear & Accessories subindustry, Redtape'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.

Redtape's Debt-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Redtape's Debt-to-Asset distribution charts can be found below:

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

Redtape Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Redtape'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
	=	(1640.6	+	3160)	/	15883.7
	=	0.30

Redtape'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
	=	(1640.6	+	3160)	/	15883.7
	=	0.30

Redtape (BOM:543957) 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.

Redtape Debt-to-Asset Related Terms

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Redtape (BOM:543957) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Redtape Ltd (BOM:543957) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

REDTAPE:India

Address

Plot No. 8, Sector 90, Gautam Buddha Nagar, Noida, UP, IND, 201301

Website

https://www.redtape.com

Redtape Ltd Is the finest brand of Footwear and Clothing for Men, Women and Kids. Its clothing and accessories categories with product offerings comprising casual and semi-formal apparel including shirts, t-shirts, trousers, denim, sweaters, jackets and accessories such as belts, socks, handkerchiefs and wallets. The brand also caters to fashion-conscious women and kids with a wide array of products.

Redtape (BOM:543957) Headlines

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