GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ambika Cotton Mills Ltd (BOM:531978) » Definitions » Equity-to-Asset

Ambika Cotton Mills (BOM:531978) Equity-to-Asset : 0.80 (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Ambika Cotton Mills Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ambika Cotton Mills's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹8,589 Mil. Ambika Cotton Mills's Total Assets for the quarter that ended in Mar. 2024 was ₹10,695 Mil. Therefore, Ambika Cotton Mills's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.80.

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

BOM:531978' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67   Med: 0.8   Max: 0.9
Current: 0.8

During the past 13 years, the highest Equity to Asset Ratio of Ambika Cotton Mills was 0.90. The lowest was 0.67. And the median was 0.80.

BOM:531978's Equity-to-Asset is ranked better than
85.19% of 1087 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs BOM:531978: 0.80

Ambika Cotton Mills Equity-to-Asset Historical Data

The historical data trend for Ambika Cotton Mills'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.

Ambika Cotton Mills Equity-to-Asset Chart

Ambika Cotton Mills 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 0.90 0.88 0.83 0.80

Ambika Cotton Mills 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 0.83 - 0.82 - 0.80

Competitive Comparison of Ambika Cotton Mills's Equity-to-Asset

For the Textile Manufacturing subindustry, Ambika Cotton Mills'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.


Ambika Cotton Mills's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ambika Cotton Mills's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ambika Cotton Mills's Equity-to-Asset falls into.



Ambika Cotton Mills 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.

Ambika Cotton Mills'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
=8588.9/10694.7
=0.80

Ambika Cotton Mills'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
=8588.9/10694.7
=0.80

* 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.


Ambika Cotton Mills  (BOM:531978) 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%.


Ambika Cotton Mills Equity-to-Asset Related Terms

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


Ambika Cotton Mills (BOM:531978) Business Description

Traded in Other Exchanges
Address
No. 9A, 15, Valluvar Street, Sivanandha Colony, Coimbatore, TN, IND, 641012
Ambika Cotton Mills Ltd engages in the manufacture of cotton yarns for hosiery and weaving. The Textiles produces compact cotton; hard and soft twist; cylindrical dye cone; and s and z twist yarns. The Windmills generate power from windmills. Geographically, the company's business is spread across the world including Asia which accounts for the majority of its revenues.

Ambika Cotton Mills (BOM:531978) Headlines

No Headlines