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Time Technoplast (NSE:TIMETECHNO) Equity-to-Asset : 0.62 (As of Mar. 2024)


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What is Time Technoplast Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Time Technoplast's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹25,528 Mil. Time Technoplast's Total Assets for the quarter that ended in Mar. 2024 was ₹41,140 Mil. Therefore, Time Technoplast's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.62.

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

NSE:TIMETECHNO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.53   Max: 0.62
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of Time Technoplast was 0.62. The lowest was 0.45. And the median was 0.53.

NSE:TIMETECHNO's Equity-to-Asset is ranked better than
61.54% of 390 companies
in the Packaging & Containers industry
Industry Median: 0.56 vs NSE:TIMETECHNO: 0.62

Time Technoplast Equity-to-Asset Historical Data

The historical data trend for Time 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.

Time Technoplast Equity-to-Asset Chart

Time Technoplast 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 0.54 0.58 0.58 0.59 0.62

Time Technoplast 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 0.59 - 0.61 - 0.62

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

For the Packaging & Containers subindustry, Time 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.


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

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

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



Time 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.

Time 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
=25527.5/41139.9
=0.62

Time 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
=25527.5/41139.9
=0.62

* 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.


Time Technoplast  (NSE:TIMETECHNO) 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%.


Time Technoplast Equity-to-Asset Related Terms

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


Time Technoplast (NSE:TIMETECHNO) Business Description

Traded in Other Exchanges
Address
55, Corporate Avenue, Saki Vihar Road, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400072
Time Technoplast Ltd is a packaging solutions provider. It offers industrial packaging products, infrastructure products, technical products, material handling products, and composite cylinders. Its services are divided into two groups; Polymer and Composite products. The Polymer segment is the company's core segment and generates maximum revenues. The Composite products segment provides products such as pressure pipes, prefabricated shelters, and energy storage devices. Apart from India. It has operational footprints in UAE, Bahrain, Egypt, Thailand, Vietnam, Malaysia, Indonesia, the United States, and Taiwan.

Time Technoplast (NSE:TIMETECHNO) Headlines

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