Indus Dyeing & Manufacturing Co (KAR:IDYM) LT-Debt-to-Total-Asset : 0.24 (As of Mar. 2024)

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

What is Indus Dyeing & Manufacturing Co 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. Indus Dyeing & Manufacturing Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.24.

Indus Dyeing & Manufacturing Co's long-term debt to total assets ratio declined from Mar. 2023 (0.27) to Mar. 2024 (0.24). It may suggest that Indus Dyeing & Manufacturing Co is progressively becoming less dependent on debt to grow their business.

Indus Dyeing & Manufacturing Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Indus Dyeing & Manufacturing Co'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.

Indus Dyeing & Manufacturing Co LT-Debt-to-Total-Asset Chart

Indus Dyeing & Manufacturing Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.09

0.16

0.28

0.27

0.26

Indus Dyeing & Manufacturing Co 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															0.27	0.26	0.24	0.24	0.24

Indus Dyeing & Manufacturing Co LT-Debt-to-Total-Asset Calculation

Indus Dyeing & Manufacturing Co'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 )
	=	21639.45	/	83986.945
	=	0.26

Indus Dyeing & Manufacturing Co'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 )
	=	20566.163	/	87442.325
	=	0.24

Indus Dyeing & Manufacturing Co (KAR:IDYM) 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.

Indus Dyeing & Manufacturing Co LT-Debt-to-Total-Asset Related Terms

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

Indus Dyeing & Manufacturing Co (KAR:IDYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Indus Dyeing & Manufacturing Co Ltd (KAR:IDYM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beaumont Road, Civil Lines Quarters, Office No. 508, 5th Floor, Beaumont Plaza, Karachi, SD, PAK, 75530

Website

https://www.indus-group.com

Indus Dyeing & Manufacturing Co Ltd is engaged in the textile industry. The company's core business is the manufacturing and sale of yarn. It has five yarn manufacturing units located in Hyderabad, Karachi, and Muzaffargarh, Faisalabad and Lahore. It manufactures a variety of ring-spun yarns. Its products include regular carded and combed yarns, siro yarn, melange, core-spun yarns, slub, zero twist, bamboo/cotton blends, and compact yarn among others.

Indus Dyeing & Manufacturing Co (KAR:IDYM) Headlines

No Headlines