Satia Industries (BOM:539201) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Satia Industries 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. Satia Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

Satia Industries's long-term debt to total assets ratio declined from Mar. 2023 (0.20) to Mar. 2024 (0.12). It may suggest that Satia Industries is progressively becoming less dependent on debt to grow their business.

Satia Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Satia Industries'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.

Satia Industries LT-Debt-to-Total-Asset Chart

Satia Industries Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.20

0.24

0.25

0.20

0.12

Satia Industries 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															0.20	-	0.14	-	0.12

Satia Industries LT-Debt-to-Total-Asset Calculation

Satia Industries'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 )
	=	1691.931	/	14044.731
	=	0.12

Satia Industries'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 )
	=	1691.931	/	14044.731
	=	0.12

Satia Industries (BOM:539201) 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.

Satia Industries LT-Debt-to-Total-Asset Related Terms

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

Satia Industries (BOM:539201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Satia Industries Ltd (BOM:539201) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

SATIA:India

Address

Malout-Muktsar Road, Village Rupana, Muktsar, PB, IND, 152032

Website

https://www.satiagroup.com

Satia Industries Ltd manufactures and sells writing and printing paper in India and internationally. The product profile includes Super Snow White, Snow White, Map litho, Colored paper, Ledger paper, Cartridge paper, Duplicating, bond paper with and without watermarks, and Chromo (Art) paper. These products are extensively used in the printing of books, directories, envelops, diaries, calendars, computer stationery, and others. Its segments are Yarn and cotton division, Paper division, Cogeneration division, Agriculture division, and Solar division. It generates majority revenue from the Paper division.

Satia Industries (BOM:539201) Headlines

No Headlines