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De Neers Tools (NSE:DENEERS) Debt-to-Asset : 0.37 (As of Mar. 2022)


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What is De Neers Tools Debt-to-Asset?

De Neers Tools's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was ₹120.8 Mil. De Neers Tools's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was ₹243.6 Mil. De Neers Tools's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2022 was ₹993.4 Mil. De Neers Tools's debt to asset for the quarter that ended in Mar. 2022 was 0.37.


De Neers Tools Debt-to-Asset Historical Data

The historical data trend for De Neers Tools'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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De Neers Tools Debt-to-Asset Chart

De Neers Tools Annual Data
Trend Mar20 Mar21 Mar22
Debt-to-Asset
0.24 0.36 0.37

De Neers Tools Semi-Annual Data
Mar20 Mar21 Mar22
Debt-to-Asset 0.24 0.36 0.37

Competitive Comparison of De Neers Tools's Debt-to-Asset

For the Tools & Accessories subindustry, De Neers Tools'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.


De Neers Tools's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Neers Tools's Debt-to-Asset distribution charts can be found below:

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



De Neers Tools Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

De Neers Tools's Debt-to-Asset for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(120.841 + 243.585) / 993.352
=0.37

De Neers Tools's Debt-to-Asset for the quarter that ended in Mar. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(120.841 + 243.585) / 993.352
=0.37

* 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.


De Neers Tools  (NSE:DENEERS) 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.


De Neers Tools Debt-to-Asset Related Terms

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De Neers Tools (NSE:DENEERS) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 468, Ground Floor, Industrial Area, Patparganj, Delhi, IND, 110092
De Neers Tools Ltd is a hand tools suppliers in India. The company aims to provide hand tools of the utmost quality that are worth Its customers' money. It continuously works on innovation and research to develop products that can bring a kind of revolution in the hand tool industry. Its products includes Spanners, Wrenches, Pliers, Cutters, Allen keys, Hammers, sockets, Screw Drivers, Tool Kits, Tool Cabinets, Trolleys, etc. It is also specialized in providing Safety Tools like Non-Sparking Tools, Insulated Steel Tools, Non-Sparking Insulated Tools, Stainless Steel Anti-magnetic Tools, and Titanium Tools, with other range of hand tools. The company is predominantly engaged in wholesale trading of hardware & tools which constitutes a single business segment.

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