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Shanthala FMCG Products (NSE:SHANTHALA) Equity-to-Asset : 0.22 (As of Mar. 2023)


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What is Shanthala FMCG Products Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shanthala FMCG Products's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹14.3 Mil. Shanthala FMCG Products's Total Assets for the quarter that ended in Mar. 2023 was ₹65.7 Mil. Therefore, Shanthala FMCG Products's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.22.

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

NSE:SHANTHALA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2   Med: 0.21   Max: 0.22
Current: 0.22

During the past 3 years, the highest Equity to Asset Ratio of Shanthala FMCG Products was 0.22. The lowest was 0.20. And the median was 0.21.

NSE:SHANTHALA's Equity-to-Asset is ranked worse than
81.08% of 539 companies
in the Conglomerates industry
Industry Median: 0.44 vs NSE:SHANTHALA: 0.22

Shanthala FMCG Products Equity-to-Asset Historical Data

The historical data trend for Shanthala FMCG Products'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.

Shanthala FMCG Products Equity-to-Asset Chart

Shanthala FMCG Products Annual Data
Trend Mar21 Mar22 Mar23
Equity-to-Asset
0.21 0.20 0.22

Shanthala FMCG Products Semi-Annual Data
Mar21 Mar22 Mar23
Equity-to-Asset 0.21 0.20 0.22

Competitive Comparison of Shanthala FMCG Products's Equity-to-Asset

For the Conglomerates subindustry, Shanthala FMCG Products'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.


Shanthala FMCG Products's Equity-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanthala FMCG Products's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shanthala FMCG Products's Equity-to-Asset falls into.



Shanthala FMCG Products 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.

Shanthala FMCG Products'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
=14.322/65.721
=0.22

Shanthala FMCG Products'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
=14.322/65.721
=0.22

* 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.


Shanthala FMCG Products  (NSE:SHANTHALA) 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%.


Shanthala FMCG Products Equity-to-Asset Related Terms

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Shanthala FMCG Products (NSE:SHANTHALA) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Gandhinagr Bye Pass Road, 7th Block, Kodagu, Virajpet, KA, IND, 571218
Shanthala FMCG Products Ltd is an FMCG product distributor for large-size FMCG Companies in India for whom It distributes Branded packaged foods, Personal care products, Education & stationery products, Matches & Agarbatti and tobacco products. It is also a distributor for one of the largest FMCG MNC Company in India. It distributes branded Beauty & wellbeing, Nutrition, Personal care & Home care products for them.

Shanthala FMCG Products (NSE:SHANTHALA) Headlines

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