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Eveready Industries India (BOM:531508) Equity-to-Asset : 0.40 (As of Mar. 2024)


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What is Eveready Industries India Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eveready Industries India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,867 Mil. Eveready Industries India's Total Assets for the quarter that ended in Mar. 2024 was ₹9,631 Mil. Therefore, Eveready Industries India's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.40.

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

BOM:531508' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.32   Max: 0.44
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Eveready Industries India was 0.44. The lowest was 0.23. And the median was 0.32.

BOM:531508's Equity-to-Asset is ranked worse than
75.68% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs BOM:531508: 0.40

Eveready Industries India Equity-to-Asset Historical Data

The historical data trend for Eveready Industries India'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.

Eveready Industries India Equity-to-Asset Chart

Eveready Industries India 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 0.44 0.24 0.31 0.33 0.40

Eveready Industries India 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 0.33 - 0.36 - 0.40

Competitive Comparison of Eveready Industries India's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Eveready Industries India'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.


Eveready Industries India's Equity-to-Asset Distribution in the Industrial Products Industry

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

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



Eveready Industries India 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.

Eveready Industries India'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
=3867.1/9631
=0.40

Eveready Industries India'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
=3867.1/9631
=0.40

* 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.


Eveready Industries India  (BOM:531508) 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%.


Eveready Industries India Equity-to-Asset Related Terms

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


Eveready Industries India (BOM:531508) Business Description

Traded in Other Exchanges
Address
2, Rainey Park, Kolkata, WB, IND, 700 019
Eveready Industries India Ltd is an FMCG company. The Company is engaged in the business of marketing of dry cell batteries, rechargeable batteries, flashlights and lighting products which come under a single business segment known as Consumer Goods. It manufactures and markets dry cell and rechargeable batteries, flashlights, and lanterns, packet tea, LED bulbs and luminaries, devices like mobile power banks, rechargeable fans, and radio and small home appliances. The firm markets these products under Eveready, Powercell, Uniross, Tez, Jaago and Premium gold brands. It has manufacturing facilities in Chennai, Lucknow, Noida, Haridwar, Maddur, and Kolkata.

Eveready Industries India (BOM:531508) Headlines

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