Vital Chemtech (NSE:VITAL) Debt-to-Asset : 0.17 (As of Sep. 2023)

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What is Vital Chemtech Debt-to-Asset?

Vital Chemtech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹29 Mil. Vital Chemtech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹194 Mil. Vital Chemtech's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was ₹1,307 Mil. Vital Chemtech's debt to asset for the quarter that ended in Sep. 2023 was 0.17.

Vital Chemtech Debt-to-Asset Historical Data

The historical data trend for Vital Chemtech'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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Vital Chemtech Debt-to-Asset Chart

Vital Chemtech Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Asset

0.41

0.33

0.45

0.21

Vital Chemtech Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial			0.33	0.45	-	0.21	0.17

Competitive Comparison of Vital Chemtech's Debt-to-Asset

For the Specialty Chemicals subindustry, Vital Chemtech'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.

Vital Chemtech's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vital Chemtech's Debt-to-Asset distribution charts can be found below:

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

Vital Chemtech Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Vital Chemtech's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(65.231	+	222.815)	/	1377.18
	=	0.21

Vital Chemtech's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(28.762	+	194.443)	/	1306.677
	=	0.17

Vital Chemtech (NSE:VITAL) 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.

Vital Chemtech Debt-to-Asset Related Terms

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Vital Chemtech (NSE:VITAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vital Chemtech Ltd (NSE:VITAL) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

S. G. Highway, Opposite Karnavati Club, B-406, Mondeal Heights, Ahmedabad, GJ, IND, 380015

Website

https://www.vitalgroup.co.in

Vital Chemtech Ltd is engaged in the business of manufacturing, producing, refining, processing, formulating, mixing, enriching, mining, importing, exporting, acquiring, inventing, buying, selling, exchanging, distributing, and otherwise trading and dealing in all kinds of mixtures, formlations, intermediates, derivatives, compounds, phosphorous based chemicals, fine chemicals, heavy chemicals, valence, inorganic and organic chemicals, source materials, intermediates, ingredients, mixtures, derivatives and compounds. The company's Products include Phosphorus Derivatives, Industrial Chemicals, Specialty Chemicals & Intermediates, Organophosphates, Polymers & Dispersants, and Wellness Products.

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