Gayatri Rubbers and Chemicals (NSE:GRCL) Equity-to-Asset : 0.91 (As of Mar. 2023)

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What is Gayatri Rubbers and Chemicals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gayatri Rubbers and Chemicals's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹97.1 Mil. Gayatri Rubbers and Chemicals's Total Assets for the quarter that ended in Mar. 2023 was ₹106.2 Mil. Therefore, Gayatri Rubbers and Chemicals's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.91.

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

NSE:GRCL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04 Med: 0.31 Max: 0.91
Current: 0.91

During the past 4 years, the highest Equity to Asset Ratio of Gayatri Rubbers and Chemicals was 0.91. The lowest was 0.04. And the median was 0.31.

NSE:GRCL's Equity-to-Asset is ranked better than
95.42% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs NSE:GRCL: 0.91

Gayatri Rubbers and Chemicals Equity-to-Asset Historical Data

The historical data trend for Gayatri Rubbers and Chemicals'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.

Gayatri Rubbers and Chemicals Equity-to-Asset Chart

Gayatri Rubbers and Chemicals Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

0.04

0.31

0.91

Gayatri Rubbers and Chemicals Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Equity-to-Asset	0.04	0.31	0.31	0.91

Competitive Comparison of Gayatri Rubbers and Chemicals's Equity-to-Asset

For the Specialty Chemicals subindustry, Gayatri Rubbers and Chemicals'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.

Gayatri Rubbers and Chemicals's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gayatri Rubbers and Chemicals's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Gayatri Rubbers and Chemicals's Equity-to-Asset falls into.

Gayatri Rubbers and Chemicals 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.

Gayatri Rubbers and Chemicals'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
	=	97.069	/	106.197
	=	0.91

Gayatri Rubbers and Chemicals's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	97.069	/	106.197
	=	0.91

Gayatri Rubbers and Chemicals (NSE:GRCL) 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%.

Gayatri Rubbers and Chemicals Equity-to-Asset Related Terms

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

Gayatri Rubbers and Chemicals (NSE:GRCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gayatri Rubbers and Chemicals Ltd (NSE:GRCL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Malerna Road, Plot No. 11, Gali No. 3, Opposite Beri ka Bagh, Ballabgarh, Faridabad, HR, IND, 121004

Website

https://www.gayatrirubberchemicals.com

Gayatri Rubbers and Chemicals Ltd is engaged in manufacturing and trading rubber products. The company's product portfolio includes Aluminium rubber profiles, Automobile rubber profiles, Sponge rubber components, Clear PVC profiles, Industrial rubber, and Railway sector rubber. Geographically, the company operates within India.