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RR Metalmakers India (BOM:531667) Equity-to-Asset : 0.16 (As of Mar. 2024)


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What is RR Metalmakers India Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. RR Metalmakers India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹76.1 Mil. RR Metalmakers India's Total Assets for the quarter that ended in Mar. 2024 was ₹485.9 Mil. Therefore, RR Metalmakers India's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.16.

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

BOM:531667' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.14   Max: 0.23
Current: 0.16

During the past 13 years, the highest Equity to Asset Ratio of RR Metalmakers India was 0.23. The lowest was 0.07. And the median was 0.14.

BOM:531667's Equity-to-Asset is ranked worse than
92.08% of 631 companies
in the Steel industry
Industry Median: 0.53 vs BOM:531667: 0.16

RR Metalmakers India Equity-to-Asset Historical Data

The historical data trend for RR Metalmakers 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.

RR Metalmakers India Equity-to-Asset Chart

RR Metalmakers 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 0.07 0.13 0.12 0.15 0.16

RR Metalmakers 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 0.15 - - - 0.16

Competitive Comparison of RR Metalmakers India's Equity-to-Asset

For the Steel subindustry, RR Metalmakers 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.


RR Metalmakers India's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, RR Metalmakers India's Equity-to-Asset distribution charts can be found below:

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



RR Metalmakers 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.

RR Metalmakers 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
=76.053/485.883
=0.16

RR Metalmakers 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
=76.053/485.883
=0.16

* 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.


RR Metalmakers India  (BOM:531667) 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%.


RR Metalmakers India Equity-to-Asset Related Terms

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


RR Metalmakers India (BOM:531667) Business Description

Traded in Other Exchanges
N/A
Address
93/95, Kazi Sayed Street, 2nd Floor, Sugar House, Masjid Bunder West, Mumbai, MH, IND, 400 003
RR Metalmakers India Ltd is engaged in the trading business of Steel and Iron Ores segments. It offers ERW PIPES, PPGI COLOUR COILS, PPGI courrgated profile sheets, Galvanised G.P. coils/sheets, Galvanised corrugated sheets, Hot Rolled Steel Coils / Sheets, etc. The company operates in two segments which are the Trade and manufacturing of Iron Ores and Steel. It generates key revenue from Steel and Iron Ores Trading.

RR Metalmakers India (BOM:531667) Headlines

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