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

Kirloskar Industries (NSE:KIRLOSIND) Equity-to-Asset : 0.50 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Kirloskar Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kirloskar Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹48,541 Mil. Kirloskar Industries's Total Assets for the quarter that ended in Mar. 2024 was ₹97,635 Mil. Therefore, Kirloskar Industries's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.50.

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

NSE:KIRLOSIND' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.52   Max: 0.7
Current: 0.45

During the past 13 years, the highest Equity to Asset Ratio of Kirloskar Industries was 0.70. The lowest was 0.34. And the median was 0.52.

NSE:KIRLOSIND's Equity-to-Asset is ranked worse than
67.77% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs NSE:KIRLOSIND: 0.45

Kirloskar Industries Equity-to-Asset Historical Data

The historical data trend for Kirloskar 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.

Kirloskar Industries Equity-to-Asset Chart

Kirloskar Industries 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 0.45 0.55 0.34 0.41 0.50

Kirloskar Industries 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 0.41 - 0.45 - 0.50

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

For the Metal Fabrication subindustry, Kirloskar 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.


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

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

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



Kirloskar 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.

Kirloskar 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
=48541/97635.4
=0.50

Kirloskar 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
=48541/97635.4
=0.50

* 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.


Kirloskar Industries  (NSE:KIRLOSIND) 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%.


Kirloskar Industries Equity-to-Asset Related Terms

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


Kirloskar Industries (NSE:KIRLOSIND) Business Description

Traded in Other Exchanges
Address
Cello Platina, Fergusson College Road, Office No. 801, 8th Floor, Shivajinagar, Pune, MH, IND, 411005
Kirloskar Industries Ltd is engaged in the manufacturing of iron castings. The company is also involved in wind power generation and Investments in Securities and Properties. Its segments include Windpower generation, Investments, Real Estate, Iron casting, Tube and Steel. ,It generates maximum revenue from iron castings. Geographically, it operates and derives revenue from India.

Kirloskar Industries (NSE:KIRLOSIND) Headlines

No Headlines