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Porwal Auto Components (BOM:532933) Equity-to-Asset : 0.75 (As of Mar. 2024)


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What is Porwal Auto Components Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Porwal Auto Components's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹628 Mil. Porwal Auto Components's Total Assets for the quarter that ended in Mar. 2024 was ₹841 Mil. Therefore, Porwal Auto Components's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.75.

The historical rank and industry rank for Porwal Auto Components's Equity-to-Asset or its related term are showing as below:

BOM:532933' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.72   Max: 0.78
Current: 0.75

During the past 13 years, the highest Equity to Asset Ratio of Porwal Auto Components was 0.78. The lowest was 0.61. And the median was 0.72.

BOM:532933's Equity-to-Asset is ranked better than
87.49% of 1319 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BOM:532933: 0.75

Porwal Auto Components Equity-to-Asset Historical Data

The historical data trend for Porwal Auto Components's Equity-to-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.

Porwal Auto Components Equity-to-Asset Chart

Porwal Auto Components Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.71 0.71 0.78 0.75

Porwal Auto Components Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.75 0.75 0.77 0.75

Competitive Comparison of Porwal Auto Components's Equity-to-Asset

For the Auto Parts subindustry, Porwal Auto Components's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Porwal Auto Components's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Porwal Auto Components's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Porwal Auto Components's Equity-to-Asset falls into.



Porwal Auto Components Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Porwal Auto Components's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=627.647/841.451
=0.75

Porwal Auto Components's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=627.647/841.451
=0.75

* 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.


Porwal Auto Components  (BOM:532933) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Porwal Auto Components Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Porwal Auto Components's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Porwal Auto Components (BOM:532933) Business Description

Traded in Other Exchanges
N/A
Address
Plot number 209 & 215, Sector Number 1, Industrial Area, District Dhar, Pithampur, MP, IND, 454775
Porwal Auto Components Ltd is a manufacturer of automobile components based in India. The company is involved in manufacture of ductile iron, grey cast iron steel, steel alloy casting components and subassemblies. It serves to the sectors like automobile, engineering, pumps and valves, agriculture and tractor equipment, construction equipment, machine tools, railways, and others. The products of the company include components for automobile, railway, heavy castings, and earth moving. The operating segment of the company is automobile components manufacturing.

Porwal Auto Components (BOM:532933) Headlines

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