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Lakshmi Electrical Control Systems (BOM:504258) Equity-to-Asset : 0.80 (As of Sep. 2024)


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What is Lakshmi Electrical Control Systems Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lakshmi Electrical Control Systems's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹3,009 Mil. Lakshmi Electrical Control Systems's Total Assets for the quarter that ended in Sep. 2024 was ₹3,745 Mil. Therefore, Lakshmi Electrical Control Systems's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.80.

The historical rank and industry rank for Lakshmi Electrical Control Systems's Equity-to-Asset or its related term are showing as below:

BOM:504258' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.69   Med: 0.78   Max: 0.85
Current: 0.8

During the past 13 years, the highest Equity to Asset Ratio of Lakshmi Electrical Control Systems was 0.85. The lowest was 0.69. And the median was 0.78.

BOM:504258's Equity-to-Asset is ranked better than
86.45% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs BOM:504258: 0.80

Lakshmi Electrical Control Systems Equity-to-Asset Historical Data

The historical data trend for Lakshmi Electrical Control Systems'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.

Lakshmi Electrical Control Systems Equity-to-Asset Chart

Lakshmi Electrical Control Systems 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 0.85 0.78 0.77 0.75 0.84

Lakshmi Electrical Control Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.76 - 0.84 - 0.80

Competitive Comparison of Lakshmi Electrical Control Systems's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Lakshmi Electrical Control Systems'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.


Lakshmi Electrical Control Systems's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lakshmi Electrical Control Systems's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Lakshmi Electrical Control Systems's Equity-to-Asset falls into.



Lakshmi Electrical Control Systems 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.

Lakshmi Electrical Control Systems'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
=2815.225/3370.72
=0.84

Lakshmi Electrical Control Systems's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=3009.474/3744.903
=0.80

* 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.


Lakshmi Electrical Control Systems  (BOM:504258) 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%.


Lakshmi Electrical Control Systems Equity-to-Asset Related Terms

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Lakshmi Electrical Control Systems Business Description

Traded in Other Exchanges
N/A
Address
Arasur, Coimbatore, TN, IND, 641 407
Lakshmi Electrical Control Systems Ltd is engaged in the manufacturing and selling of control panels and plastic components. The company's operating segment includes Electricals, Plastics, and Wind power generation. It generates maximum revenue from the Electricals segment. The company manufactures control panels for various industrial applications such as Textile Machinery, Machine Tools, Automatic Power Factor Correction (APFC), Energy Saver, Compressors, Variable Frequency Drive (VFD) Panels, Motor Control Center (MCC), Medium Voltage (MV) and Low Voltage (LV) Control Panels and others.

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