ACC (NSE:ACC) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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

ACC's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Mar. 2024 (0.01). It may suggest that ACC is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for ACC'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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ACC LT-Debt-to-Total-Asset Chart

ACC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar24

LT-Debt-to-Total-Asset

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0.01

ACC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.01	-	0.01

ACC LT-Debt-to-Total-Asset Calculation

ACC'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 )
	=	2237.6	/	233856.4
	=	0.01

ACC'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 )
	=	2237.6	/	233856.4
	=	0.01

ACC (NSE:ACC) 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.

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

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ACC (NSE:ACC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » ACC Ltd (NSE:ACC) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

500410:India

Address

121, Maharshi Karve Road, Cement House, Mumbai, IND, 400020

Website

https://www.acclimited.com

ACC Ltd manufactures and sells cement, concrete, and cement-related products under the ACC brand. The firm operates in two segments based on the product: Cement and Ready Mix Concrete. The Cement segment, which generates the vast majority of revenue, sells cement to the construction and building industries as well as home improvement retailers. The Ready Mix Concrete segment sells concrete for infrastructure, industrial construction, and mass housing projects. Nearly all of the firm's revenue comes from India.