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TGV Sraac (BOM:507753) Equity-to-Asset : 0.61 (As of Mar. 2024)


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What is TGV Sraac Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TGV Sraac's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹10,958 Mil. TGV Sraac's Total Assets for the quarter that ended in Mar. 2024 was ₹17,917 Mil. Therefore, TGV Sraac's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.61.

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

BOM:507753' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.42   Max: 0.62
Current: 0.61

During the past 13 years, the highest Equity to Asset Ratio of TGV Sraac was 0.62. The lowest was 0.31. And the median was 0.42.

BOM:507753's Equity-to-Asset is ranked better than
53.64% of 1566 companies
in the Chemicals industry
Industry Median: 0.59 vs BOM:507753: 0.61

TGV Sraac Equity-to-Asset Historical Data

The historical data trend for TGV Sraac'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.

TGV Sraac Equity-to-Asset Chart

TGV Sraac 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 0.42 0.42 0.47 0.62 0.61

TGV Sraac 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 0.62 - 0.65 - 0.61

Competitive Comparison of TGV Sraac's Equity-to-Asset

For the Chemicals subindustry, TGV Sraac'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.


TGV Sraac's Equity-to-Asset Distribution in the Chemicals Industry

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

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



TGV Sraac 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.

TGV Sraac'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
=10957.9/17916.9
=0.61

TGV Sraac'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
=10957.9/17916.9
=0.61

* 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.


TGV Sraac  (BOM:507753) 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%.


TGV Sraac Equity-to-Asset Related Terms

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


TGV Sraac (BOM:507753) Business Description

Traded in Other Exchanges
N/A
Address
40-304, Krishna Jyothsna Complex, 2nd Floor, Bhagya Nagar, Kurnool, AP, IND, 518 004
TGV Sraac Ltd operates in the chemical business. The company has two segments namely Chemicals, Oils and Fats. The Chemical segment includes Caustic Soda Lye/ Flakes, Chlorine, Hydrochloric Acid, Potassium Hydroxide Lye/ Flakes and chloromethanes. Whereas Oils and Fats segment products consist of Hydrogenated Castor Oil, 12-Hydroxy Stearic Acid, Stearic Acid and Soap Noodles. It generates maximum revenue from the Chemicals segment.

TGV Sraac (BOM:507753) Headlines

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