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Rasi Electrodes (BOM:531233) Equity-to-Asset : 0.89 (As of Sep. 2024)


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What is Rasi Electrodes Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rasi Electrodes's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹344.9 Mil. Rasi Electrodes's Total Assets for the quarter that ended in Sep. 2024 was ₹389.0 Mil. Therefore, Rasi Electrodes's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.89.

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

BOM:531233' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.69   Med: 0.78   Max: 0.89
Current: 0.89

During the past 13 years, the highest Equity to Asset Ratio of Rasi Electrodes was 0.89. The lowest was 0.69. And the median was 0.78.

BOM:531233's Equity-to-Asset is ranked better than
95.54% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs BOM:531233: 0.89

Rasi Electrodes Equity-to-Asset Historical Data

The historical data trend for Rasi Electrodes'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.

Rasi Electrodes Equity-to-Asset Chart

Rasi Electrodes 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 0.81 0.75 0.69 0.85 0.87

Rasi Electrodes 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 0.88 - 0.87 - 0.89

Competitive Comparison of Rasi Electrodes's Equity-to-Asset

For the Tools & Accessories subindustry, Rasi Electrodes'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.


Rasi Electrodes's Equity-to-Asset Distribution in the Industrial Products Industry

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

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



Rasi Electrodes 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.

Rasi Electrodes'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
=325.898/373.042
=0.87

Rasi Electrodes'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
=344.925/388.959
=0.89

* 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.


Rasi Electrodes  (BOM:531233) 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%.


Rasi Electrodes Equity-to-Asset Related Terms

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Rasi Electrodes Business Description

Traded in Other Exchanges
N/A
Address
Number 21, Raja Annamalai Road, Flat A/14, Rams Apartment, 3rd Floor, Purasawalkam, Chennai, TN, IND, 600084
Rasi Electrodes Ltd is an Indian company that manufactures welding consumables for the Heavy and Light Engineering industries. The Company supplies welding consumables under the brand name RASI to public-sector undertakings, private-sector engineering conglomerates, and other Original Equipment Manufacturers. The Company also deals in diverse welding products such as welding machines and accessories.

Rasi Electrodes Headlines

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