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Styrenix Performance Materials (BOM:506222) Equity-to-Asset : 0.70 (As of Mar. 2024)


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What is Styrenix Performance Materials Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Styrenix Performance Materials's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹7,227 Mil. Styrenix Performance Materials's Total Assets for the quarter that ended in Mar. 2024 was ₹10,379 Mil. Therefore, Styrenix Performance Materials's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.70.

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

BOM:506222' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.57   Max: 0.7
Current: 0.7

During the past 13 years, the highest Equity to Asset Ratio of Styrenix Performance Materials was 0.70. The lowest was 0.47. And the median was 0.57.

BOM:506222's Equity-to-Asset is ranked better than
68.11% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs BOM:506222: 0.70

Styrenix Performance Materials Equity-to-Asset Historical Data

The historical data trend for Styrenix Performance Materials'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.

Styrenix Performance Materials Equity-to-Asset Chart

Styrenix Performance Materials 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 0.58 0.68 0.70 0.57 0.70

Styrenix Performance Materials 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 0.57 - 0.70 - 0.70

Competitive Comparison of Styrenix Performance Materials's Equity-to-Asset

For the Chemicals subindustry, Styrenix Performance Materials'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.


Styrenix Performance Materials's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Styrenix Performance Materials's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Styrenix Performance Materials's Equity-to-Asset falls into.



Styrenix Performance Materials 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.

Styrenix Performance Materials'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
=7227.4/10378.5
=0.70

Styrenix Performance Materials'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
=7227.4/10378.5
=0.70

* 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.


Styrenix Performance Materials  (BOM:506222) 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%.


Styrenix Performance Materials Equity-to-Asset Related Terms

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


Styrenix Performance Materials (BOM:506222) Business Description

Traded in Other Exchanges
Address
Dr. Vikram Sarabhai Marg, 9th Floor, “Shiva”, Sarabhai Complex, Vadiwadi, Vadodara, GJ, IND, 390023
Styrenix Performance Materials Ltd is a producer of Absolac (ABS) and Absolan (SAN) in India. ABS is a plastic resin produced from acrylonitrile, butadiene, and styrene, used for manufacturing home appliances, automobiles, consumer durables, and machinery. Absolan(SAN) is a polymerized plastic resin produced from styrene and acrylonitrile and is mainly used for products such as lighting, stationery, novelties, refrigerators, and cosmetic packing. The company operates in two segments namely Specialties and Polystyrene, of which the majority of the revenue is generated from the Specialties segment. Specialties include ABS and SAN. All the business activities of the firm functioned throughout the region of India.

Styrenix Performance Materials (BOM:506222) Headlines

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