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Pyramid Technoplast (NSE:PYRAMID) Equity-to-Asset : 0.73 (As of Mar. 2024)


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What is Pyramid Technoplast Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pyramid Technoplast's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,222 Mil. Pyramid Technoplast's Total Assets for the quarter that ended in Mar. 2024 was ₹3,033 Mil. Therefore, Pyramid Technoplast's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.73.

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

NSE:PYRAMID' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.41   Max: 0.73
Current: 0.73

During the past 5 years, the highest Equity to Asset Ratio of Pyramid Technoplast was 0.73. The lowest was 0.26. And the median was 0.41.

NSE:PYRAMID's Equity-to-Asset is ranked better than
77.18% of 390 companies
in the Packaging & Containers industry
Industry Median: 0.555 vs NSE:PYRAMID: 0.73

Pyramid Technoplast Equity-to-Asset Historical Data

The historical data trend for Pyramid Technoplast'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.

Pyramid Technoplast Equity-to-Asset Chart

Pyramid Technoplast Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
0.26 0.32 0.41 0.48 0.73

Pyramid Technoplast Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Equity-to-Asset Get a 7-Day Free Trial 0.41 0.45 0.48 0.73 0.73

Competitive Comparison of Pyramid Technoplast's Equity-to-Asset

For the Packaging & Containers subindustry, Pyramid Technoplast'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.


Pyramid Technoplast's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Pyramid Technoplast's Equity-to-Asset distribution charts can be found below:

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



Pyramid Technoplast 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.

Pyramid Technoplast'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
=2221.985/3033.201
=0.73

Pyramid Technoplast'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
=2221.985/3033.201
=0.73

* 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.


Pyramid Technoplast  (NSE:PYRAMID) 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%.


Pyramid Technoplast Equity-to-Asset Related Terms

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Pyramid Technoplast (NSE:PYRAMID) Business Description

Traded in Other Exchanges
Address
Rani Sati Marg, Office No. 2, Second Floor, Shah Trade Center, Near W.E. Highway, Malad East, Mumbai, MH, IND, 400 067
Pyramid Technoplast Ltd is an industrial packaging company engaged in the business of manufacturing polymer-based molded products (Polymer Drums) mainly used by chemical, agrochemical, specialty chemical and pharmaceutical companies for their packaging requirements. It is one of the leading manufacturers of rigid Intermediate Bulk Containers (IBC) in India manufacturing 1,000-litre capacity IBC. IBCs are industrial-grade containers engineered for the mass handling, transport, and storage of liquids, semi-solids, pastes, or solids. The company uses blow molding technology to manufacture Polymer Drums and IBCs.

Pyramid Technoplast (NSE:PYRAMID) Headlines

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