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Zodiac JRD- MKJ (BOM:512587) Equity-to-Asset : 0.99 (As of Mar. 2024)


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What is Zodiac JRD- MKJ Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zodiac JRD- MKJ's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹675.00 Mil. Zodiac JRD- MKJ's Total Assets for the quarter that ended in Mar. 2024 was ₹679.21 Mil.

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

BOM:512587' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.93   Med: 0.98   Max: 0.99
Current: 0.99

During the past 13 years, the highest Equity to Asset Ratio of Zodiac JRD- MKJ was 0.99. The lowest was 0.93. And the median was 0.98.

BOM:512587's Equity-to-Asset is ranked better than
99.64% of 1121 companies
in the Retail - Cyclical industry
Industry Median: 0.45 vs BOM:512587: 0.99

Zodiac JRD- MKJ Equity-to-Asset Historical Data

The historical data trend for Zodiac JRD- MKJ'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.

Zodiac JRD- MKJ Equity-to-Asset Chart

Zodiac JRD- MKJ 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 0.98 0.99 0.99 0.99 0.99

Zodiac JRD- MKJ Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - 0.99 - - 0.99

Competitive Comparison of Zodiac JRD- MKJ's Equity-to-Asset

For the Luxury Goods subindustry, Zodiac JRD- MKJ'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.


Zodiac JRD- MKJ's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zodiac JRD- MKJ's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Zodiac JRD- MKJ's Equity-to-Asset falls into.



Zodiac JRD- MKJ 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.

Zodiac JRD- MKJ'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
=675.001/679.21
=0.99

Zodiac JRD- MKJ'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
=675.001/679.21
=

* 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.


Zodiac JRD- MKJ  (BOM:512587) 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%.


Zodiac JRD- MKJ Equity-to-Asset Related Terms

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


Zodiac JRD- MKJ (BOM:512587) Business Description

Traded in Other Exchanges
N/A
Address
39 J.S.S. Road, 910, Parekh Market, Opera House, Opposite Kennedy Bridge, Mumbai, MH, IND, 400004
Zodiac JRD- MKJ Ltd is an India-based company engaged in the manufacturing of Diamond and gold Jewelry. The company operates in only one business segment viz. manufacturing, sale, and trading of Gold & Diamond jewelry, cut & polished Diamonds, Precious Stones & Semi Precious Stones. It offers silver jewelry, rough diamonds, precious stones, and semi-precious stones. The company is a part of the Jhaveri family (JRD group.

Zodiac JRD- MKJ (BOM:512587) Headlines

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