Investment & Precision Castings (BOM:504786) Equity-to-Asset : 0.43 (As of Mar. 2024)

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What is Investment & Precision Castings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Investment & Precision Castings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹857 Mil. Investment & Precision Castings's Total Assets for the quarter that ended in Mar. 2024 was ₹2,016 Mil. Therefore, Investment & Precision Castings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.43.

The historical rank and industry rank for Investment & Precision Castings's Equity-to-Asset or its related term are showing as below:

BOM:504786' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39 Med: 0.46 Max: 0.56
Current: 0.43

During the past 13 years, the highest Equity to Asset Ratio of Investment & Precision Castings was 0.56. The lowest was 0.39. And the median was 0.46.

BOM:504786's Equity-to-Asset is ranked worse than
66.67% of 633 companies
in the Steel industry
Industry Median: 0.53 vs BOM:504786: 0.43

Investment & Precision Castings Equity-to-Asset Historical Data

The historical data trend for Investment & Precision Castings'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.

Investment & Precision Castings Equity-to-Asset Chart

Investment & Precision Castings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

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0.45

0.41

0.40

0.39

0.43

Investment & Precision Castings 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															0.39	-	0.41	-	0.43

Competitive Comparison of Investment & Precision Castings's Equity-to-Asset

For the Steel subindustry, Investment & Precision Castings'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.

Investment & Precision Castings's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Investment & Precision Castings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Investment & Precision Castings's Equity-to-Asset falls into.

Investment & Precision Castings 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.

Investment & Precision Castings'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
	=	856.596	/	2015.699
	=	0.42

Investment & Precision Castings'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
	=	856.596	/	2015.699
	=	0.42

Investment & Precision Castings (BOM:504786) 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%.

Investment & Precision Castings Equity-to-Asset Related Terms

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

Investment & Precision Castings (BOM:504786) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Investment & Precision Castings Ltd (BOM:504786) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nari Road, Bhavnagar, GJ, IND, 364006

Website

https://www.ipcl.in

Investment & Precision Castings Ltd is engaged in the steel casting business. The company's products portfolio includes two-three-four-wheeler, bus tractor parts; aircraft parts; turbochargers for diesel engines; power plants, pumps and valves, medical implants; electrical and instrumentation; general engineering; electronics; electronics; compressors; artisan castings; and machined components from bar stock. The company also provides its products and services to ancillaries and the wind power generation industry. It operates in two segments Investment Castings and Wind Mill. The majority of the firm's revenue comes from the Investment Castings segment.

Investment & Precision Castings (BOM:504786) Headlines

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