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Piccadily Agro Industries (BOM:530305) Equity-to-Asset : 0.46 (As of Mar. 2024)


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What is Piccadily Agro Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Piccadily Agro Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,397 Mil. Piccadily Agro Industries's Total Assets for the quarter that ended in Mar. 2024 was ₹7,391 Mil. Therefore, Piccadily Agro Industries's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.46.

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

BOM:530305' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.37   Max: 0.46
Current: 0.46

During the past 13 years, the highest Equity to Asset Ratio of Piccadily Agro Industries was 0.46. The lowest was 0.32. And the median was 0.37.

BOM:530305's Equity-to-Asset is ranked worse than
60.55% of 1924 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs BOM:530305: 0.46

Piccadily Agro Industries Equity-to-Asset Historical Data

The historical data trend for Piccadily Agro Industries'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.

Piccadily Agro Industries Equity-to-Asset Chart

Piccadily Agro Industries 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 0.37 0.36 0.39 0.39 0.46

Piccadily Agro Industries 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 0.39 - 0.48 - 0.46

Competitive Comparison of Piccadily Agro Industries's Equity-to-Asset

For the Confectioners subindustry, Piccadily Agro Industries'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.


Piccadily Agro Industries's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Piccadily Agro Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Piccadily Agro Industries's Equity-to-Asset falls into.



Piccadily Agro Industries 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.

Piccadily Agro Industries'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
=3397.088/7390.709
=0.46

Piccadily Agro Industries'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
=3397.088/7390.709
=0.46

* 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.


Piccadily Agro Industries  (BOM:530305) 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%.


Piccadily Agro Industries Equity-to-Asset Related Terms

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


Piccadily Agro Industries (BOM:530305) Business Description

Traded in Other Exchanges
N/A
Address
Kothi No. 304, Sector 9-D, 3rd Floor, Chandigarh, PB, IND, 160009
Piccadily Agro Industries Ltd is an Indian company engaged in the manufacturing of white crystal sugar. It manufactures sugar from sugar cane cultivated in the surrounding rural areas and Sugar, Molasses, Power and Bagasse. The firm is also involved in the manufacture of Rectified spirit, Extra neutral alcohol from molasses, rice, wheat and malt and is also converting resin into pet bottles, used for liquor in the Distillery segment. It operates in the Sugar and Distillery business divisions. The company generates the majority of its revenue from Distillery segment.

Piccadily Agro Industries (BOM:530305) Headlines

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