D G Khan Cement (KAR:DGKC) LT-Debt-to-Total-Asset : 0.10 (As of Mar. 2024)

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What is D G Khan Cement 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. D G Khan Cement's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.10.

D G Khan Cement's long-term debt to total assets ratio increased from Mar. 2023 (0.09) to Mar. 2024 (0.10). It may suggest that D G Khan Cement is progressively becoming more dependent on debt to grow their business.

D G Khan Cement LT-Debt-to-Total-Asset Historical Data

The historical data trend for D G Khan Cement'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.

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D G Khan Cement LT-Debt-to-Total-Asset Chart

D G Khan Cement Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.13

0.17

0.14

0.10

0.07

D G Khan Cement 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															0.09	0.07	0.13	0.11	0.10

D G Khan Cement LT-Debt-to-Total-Asset Calculation

D G Khan Cement's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	9763.223	/	142246.271
	=	0.07

D G Khan Cement'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 )
	=	14507.5	/	149663.142
	=	0.10

D G Khan Cement (KAR:DGKC) 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.

D G Khan Cement LT-Debt-to-Total-Asset Related Terms

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D G Khan Cement (KAR:DGKC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » D G Khan Cement Ltd (KAR:DGKC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

53-A, Lawrence Road, Nishat House, Lahore, PB, PAK

Website

https://www.dgcement.com

D G Khan Cement Ltd is engaged in the production and sale of Clinker, Ordinary Portland and Sulphate Resistant Cement. It has four cement plants, two plants; located at Dera Ghazi Khan, one in Khairpur District, Chakwal, and one in Hub District, Lasbela. Its products are distributed across the Pakistan market. The company has three segments, which include the Cement segment: Production and sale of clinker, ordinary portland, and sulphate-resistant cement, the Paper segment: Manufacture and supply of paper products and packing material, the Dairy segment: Production and sale of raw milk.

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