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HLE Glascoat (BOM:522215) Equity-to-Asset : 0.36 (As of Sep. 2024)


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What is HLE Glascoat Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HLE Glascoat's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹4,312 Mil. HLE Glascoat's Total Assets for the quarter that ended in Sep. 2024 was ₹11,844 Mil. Therefore, HLE Glascoat's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.36.

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

BOM:522215' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.36   Max: 0.53
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of HLE Glascoat was 0.53. The lowest was 0.14. And the median was 0.36.

BOM:522215's Equity-to-Asset is ranked worse than
81.39% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs BOM:522215: 0.36

HLE Glascoat Equity-to-Asset Historical Data

The historical data trend for HLE Glascoat'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.

HLE Glascoat Equity-to-Asset Chart

HLE Glascoat 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 0.36 0.33 0.37 0.35

HLE Glascoat 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 0.29 - 0.35 - 0.36

Competitive Comparison of HLE Glascoat's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, HLE Glascoat'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.


HLE Glascoat's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HLE Glascoat's Equity-to-Asset distribution charts can be found below:

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



HLE Glascoat 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.

HLE Glascoat'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
=4168.014/12019.569
=0.35

HLE Glascoat'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
=4311.675/11843.606
=0.36

* 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.


HLE Glascoat  (BOM:522215) 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%.


HLE Glascoat Equity-to-Asset Related Terms

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HLE Glascoat Business Description

Traded in Other Exchanges
Address
Vitthal Udyognagar, H - 106, G.I.D.C. Estate, Phase - IV, Anand, GJ, IND, 388 121
HLE Glascoat Ltd is an Indian company engaged in the operating segments of Filtration, Drying and Other Equipment, Glass Lined Equipment, Heat Transfer Equipment. It offers products like Reactors, Receivers/storage tanks, Dryers, Filters, Columns, Agitators, Valves, Pipes and Fittings, among others. The company generates maximum revenue from Glass Lined Equipment segments. Geographically the group derives revenue from India and Outside India, of which key income is earned within India.

HLE Glascoat Headlines

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