JK Lakshmi Cement (NSE:JKLAKSHMI) LT-Debt-to-Total-Asset : 0.21 (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is JK Lakshmi 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. JK Lakshmi Cement's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.21.

JK Lakshmi Cement's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Mar. 2024 (0.21). It may suggest that JK Lakshmi Cement is progressively becoming more dependent on debt to grow their business.

JK Lakshmi Cement LT-Debt-to-Total-Asset Historical Data

The historical data trend for JK Lakshmi 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.

* Premium members only.

JK Lakshmi Cement LT-Debt-to-Total-Asset Chart

JK Lakshmi Cement Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.27

0.24

0.22

0.24

0.21

JK Lakshmi Cement Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.24	0.24	-	0.21

JK Lakshmi Cement LT-Debt-to-Total-Asset Calculation

JK Lakshmi Cement'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 )
	=	16118.8	/	76500.4
	=	0.21

JK Lakshmi 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 )
	=	16118.8	/	76500.4
	=	0.21

JK Lakshmi Cement (NSE:JKLAKSHMI) 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.

JK Lakshmi Cement LT-Debt-to-Total-Asset Related Terms

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

JK Lakshmi Cement (NSE:JKLAKSHMI) Business Description

Industry

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

Traded in Other Exchanges

500380:India

Address

4, Bahadur Shah Zafar Marg, Nehru House, New Delhi, IND, 110002

Website

https://www.jklakshmicement.com

JK Lakshmi Cement Ltd is a building materials holdings company. The company manufacturers multiple types of cement and cement-related products. JK Lakshmi also manufactures Plaster of Paris (POP), autoclavet aerated concrete block, and JK Lakshmi Pro+, the firm's flagship cement product. JK Lakshmi also produces three various types of concrete, including two types of common grey cement, labeled 53 Grade ordinary Portland cement (OPC) and 43 Grade OPC. The third type is Portland Pozzolana Cement (PPC) (Blended), which is created to prevent cracking. The company generates the vast majority of its revenue in India.

JK Lakshmi Cement (NSE:JKLAKSHMI) Headlines

No Headlines