Ecoplast (BOM:526703) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Ecoplast 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. Ecoplast's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Ecoplast's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.01). It may suggest that Ecoplast is progressively becoming more dependent on debt to grow their business.

Ecoplast LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ecoplast'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.

* Premium members only.

Ecoplast LT-Debt-to-Total-Asset Chart

Ecoplast Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.07

0.10

0.05

0.01

Ecoplast Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	0.02	-	0.01

Ecoplast LT-Debt-to-Total-Asset Calculation

Ecoplast's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	6.939	/	546.339
	=	0.01

Ecoplast's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	6.939	/	546.339
	=	0.01

Ecoplast (BOM:526703) 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.

Ecoplast LT-Debt-to-Total-Asset Related Terms

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

Ecoplast (BOM:526703) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ecoplast Ltd (BOM:526703) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit No.1309 and 1310, N.S. Phadke Road, 13th Floor, Hubtown Solaris, Opp.Telli Galli, Near East West Flyover, Andheri (East), Mumbai, MH, IND, 400 069

Website

https://www.ecoplastindia.com

Ecoplast Ltd operates in the packaging industry. The company is principally engaged in the business of manufacturing, processing, and selling co-extruded plastic film for packaging and industrial applications. The company caters to both domestic and international markets.

Ecoplast (BOM:526703) Headlines

No Headlines