Aeroflex Industries (NSE:AEROFLEX) Equity-to-Asset : 0.78 (As of Mar. 2024)

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What is Aeroflex Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aeroflex Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,931 Mil. Aeroflex Industries's Total Assets for the quarter that ended in Mar. 2024 was ₹3,750 Mil. Therefore, Aeroflex Industries's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.78.

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

NSE:AEROFLEX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34 Med: 0.47 Max: 0.78
Current: 0.78

During the past 5 years, the highest Equity to Asset Ratio of Aeroflex Industries was 0.78. The lowest was 0.34. And the median was 0.47.

NSE:AEROFLEX's Equity-to-Asset is ranked better than
83.36% of 3035 companies
in the Industrial Products industry
Industry Median: 0.56 vs NSE:AEROFLEX: 0.78

Aeroflex Industries Equity-to-Asset Historical Data

The historical data trend for Aeroflex 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.

Aeroflex Industries Equity-to-Asset Chart

Aeroflex Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.34

0.36

0.47

0.53

0.78

Aeroflex Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial			0.47	-	0.53	0.79	0.78

Competitive Comparison of Aeroflex Industries's Equity-to-Asset

For the Metal Fabrication subindustry, Aeroflex 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.

Aeroflex Industries's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aeroflex Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Aeroflex Industries's Equity-to-Asset falls into.

Aeroflex 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.

Aeroflex Industries'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
	=	2931.498	/	3749.695
	=	0.78

Aeroflex Industries'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
	=	2931.498	/	3749.695
	=	0.78

Aeroflex Industries (NSE:AEROFLEX) 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%.

Aeroflex Industries Equity-to-Asset Related Terms

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

Aeroflex Industries (NSE:AEROFLEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aeroflex Industries Ltd (NSE:AEROFLEX) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

543972:India

Address

Plot No. 41, 42/13, 42/14 & 42/18, Village Chal, Behind IGPL, near Taloja MIDC, Panvel, Navi Mumbai, MH, IND, 410 208

Website

https://www.aeroflexindia.com

Aeroflex Industries Ltd is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to global as well as domestic markets. It supply products to a wide spectrum of industries for the controlled flow of all forms of substances including air, liquid, and solid, Solution products are required in fire sprinklers, gas supply, the flow of air (conditioned/controlled) in aircraft, fueling and hydraulics in aircraft. The company exports its products to more than 80 countries including Europe, the USA and others.

Aeroflex Industries (NSE:AEROFLEX) Headlines

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