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Indian Acrylics (BOM:514165) Equity-to-Asset : 0.10 (As of Mar. 2024)


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What is Indian Acrylics Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Indian Acrylics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹407 Mil. Indian Acrylics's Total Assets for the quarter that ended in Mar. 2024 was ₹3,981 Mil. Therefore, Indian Acrylics's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.10.

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

BOM:514165' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.23   Max: 0.26
Current: 0.1

During the past 13 years, the highest Equity to Asset Ratio of Indian Acrylics was 0.26. The lowest was 0.10. And the median was 0.23.

BOM:514165's Equity-to-Asset is ranked worse than
91.24% of 1084 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs BOM:514165: 0.10

Indian Acrylics Equity-to-Asset Historical Data

The historical data trend for Indian Acrylics'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.

Indian Acrylics Equity-to-Asset Chart

Indian Acrylics 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 0.23 0.26 0.12 0.17 0.10

Indian Acrylics 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 0.17 - 0.13 - 0.10

Competitive Comparison of Indian Acrylics's Equity-to-Asset

For the Textile Manufacturing subindustry, Indian Acrylics'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.


Indian Acrylics's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Indian Acrylics 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.

Indian Acrylics'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
=406.832/3980.978
=0.10

Indian Acrylics'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
=406.832/3980.978
=0.10

* 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.


Indian Acrylics  (BOM:514165) 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%.


Indian Acrylics Equity-to-Asset Related Terms

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


Indian Acrylics (BOM:514165) Business Description

Traded in Other Exchanges
N/A
Address
Madhya Marg, SCO 49-50-51, Sector 26, Chandigarh, IND, 160019
Indian Acrylics Ltd is a manufacturer of acrylic fibre and acrylic yarn in India. The company operates in two segments: Fibre, which includes Staple Fibre, Tow and Tops, and Yarn, which include all kinds of Yarn manufactured and sold by the Company. Its products include Staple Fibre, Acrylic Fibre, Acrylic Tow, and Acrylic Tops. The majority of the revenue is generated in India and from the fibre segment and it exports to other countries as well.

Indian Acrylics (BOM:514165) Headlines

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