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Swadeshi Industries & Leasing Co (BOM:506863) Equity-to-Asset : 0.58 (As of Sep. 2024)


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What is Swadeshi Industries & Leasing Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Swadeshi Industries & Leasing Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹79.33 Mil. Swadeshi Industries & Leasing Co's Total Assets for the quarter that ended in Sep. 2024 was ₹136.16 Mil. Therefore, Swadeshi Industries & Leasing Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.58.

The historical rank and industry rank for Swadeshi Industries & Leasing Co's Equity-to-Asset or its related term are showing as below:

BOM:506863' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.88   Max: 0.96
Current: 0.58

During the past 13 years, the highest Equity to Asset Ratio of Swadeshi Industries & Leasing Co was 0.96. The lowest was 0.58. And the median was 0.88.

BOM:506863's Equity-to-Asset is ranked better than
58.36% of 1076 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.53 vs BOM:506863: 0.58

Swadeshi Industries & Leasing Co Equity-to-Asset Historical Data

The historical data trend for Swadeshi Industries & Leasing Co'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.

Swadeshi Industries & Leasing Co Equity-to-Asset Chart

Swadeshi Industries & Leasing Co 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 0.87 0.88 0.94 0.90 0.84

Swadeshi Industries & Leasing Co 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 0.93 - 0.84 - 0.58

Competitive Comparison of Swadeshi Industries & Leasing Co's Equity-to-Asset

For the Textile Manufacturing subindustry, Swadeshi Industries & Leasing Co'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.


Swadeshi Industries & Leasing Co's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Swadeshi Industries & Leasing Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Swadeshi Industries & Leasing Co's Equity-to-Asset falls into.



Swadeshi Industries & Leasing Co 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.

Swadeshi Industries & Leasing Co'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
=79.331/94.52
=0.84

Swadeshi Industries & Leasing Co'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
=79.332/136.162
=0.58

* 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.


Swadeshi Industries & Leasing Co  (BOM:506863) 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%.


Swadeshi Industries & Leasing Co Equity-to-Asset Related Terms

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Swadeshi Industries & Leasing Co Business Description

Traded in Other Exchanges
N/A
Address
Western Express Highway, 117, V.Mall Thakur Complex, Kandivali East, Mumbai, MH, IND, 400101
Swadeshi Industries & Leasing Co Ltd is engaged in the trading of various items. It manufactures and sells PET preforms in India.

Swadeshi Industries & Leasing Co Headlines

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