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Rex Sealing and Packaging Industries (BOM:543744) Equity-to-Asset : 0.71 (As of Sep. 2023)


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What is Rex Sealing and Packaging Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rex Sealing and Packaging Industries's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹130.0 Mil. Rex Sealing and Packaging Industries's Total Assets for the quarter that ended in Sep. 2023 was ₹183.3 Mil. Therefore, Rex Sealing and Packaging Industries's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.71.

The historical rank and industry rank for Rex Sealing and Packaging Industries's Equity-to-Asset or its related term are showing as below:

BOM:543744' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54   Med: 0.58   Max: 0.71
Current: 0.71

During the past 4 years, the highest Equity to Asset Ratio of Rex Sealing and Packaging Industries was 0.71. The lowest was 0.54. And the median was 0.58.

BOM:543744's Equity-to-Asset is ranked better than
76.72% of 1087 companies
in the Business Services industry
Industry Median: 0.5 vs BOM:543744: 0.71

Rex Sealing and Packaging Industries Equity-to-Asset Historical Data

The historical data trend for Rex Sealing and Packaging Industries'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.

Rex Sealing and Packaging Industries Equity-to-Asset Chart

Rex Sealing and Packaging Industries Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
0.54 0.58 0.57 0.71

Rex Sealing and Packaging Industries Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset Get a 7-Day Free Trial 0.58 0.57 - 0.71 0.71

Competitive Comparison of Rex Sealing and Packaging Industries's Equity-to-Asset

For the Specialty Business Services subindustry, Rex Sealing and Packaging Industries'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.


Rex Sealing and Packaging Industries's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rex Sealing and Packaging Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Rex Sealing and Packaging Industries's Equity-to-Asset falls into.



Rex Sealing and Packaging Industries 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.

Rex Sealing and Packaging Industries's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=125.49/177.511
=0.71

Rex Sealing and Packaging Industries's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=129.957/183.274
=0.71

* 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.


Rex Sealing and Packaging Industries  (BOM:543744) 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%.


Rex Sealing and Packaging Industries Equity-to-Asset Related Terms

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Rex Sealing and Packaging Industries (BOM:543744) Business Description

Traded in Other Exchanges
N/A
Address
D K Road, A-207, 2nd Floor, Plot No.711 A, Byculla Services Industries, Ghodapdeo, Byculla (East), Mumbai, MH, IND, 400027
Rex Sealing and Packaging Industries Ltd is a manufacturer and exporter of sealing packing and insulation products including jointing sheets, fabric expansion joints, gland packing and ropes, high-temperature resistant textiles, ceramic fiber products, and others.

Rex Sealing and Packaging Industries (BOM:543744) Headlines

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