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Asian Granito India (BOM:532888) Equity-to-Asset : 0.68 (As of Sep. 2024)


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What is Asian Granito India Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asian Granito India's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹12,755 Mil. Asian Granito India's Total Assets for the quarter that ended in Sep. 2024 was ₹18,815 Mil. Therefore, Asian Granito India's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.68.

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

BOM:532888' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.42   Max: 0.68
Current: 0.68

During the past 13 years, the highest Equity to Asset Ratio of Asian Granito India was 0.68. The lowest was 0.35. And the median was 0.42.

BOM:532888's Equity-to-Asset is ranked better than
81.61% of 1740 companies
in the Construction industry
Industry Median: 0.45 vs BOM:532888: 0.68

Asian Granito India Equity-to-Asset Historical Data

The historical data trend for Asian Granito 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.

Asian Granito India Equity-to-Asset Chart

Asian Granito 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 0.41 0.46 0.60 0.65 0.67

Asian Granito India 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 0.64 - 0.67 - 0.68

Competitive Comparison of Asian Granito India's Equity-to-Asset

For the Building Products & Equipment subindustry, Asian Granito 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.


Asian Granito India's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Asian Granito India's Equity-to-Asset distribution charts can be found below:

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



Asian Granito 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.

Asian Granito 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
=12673.347/19068.35
=0.66

Asian Granito India'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
=12754.768/18815.355
=0.68

* 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.


Asian Granito India  (BOM:532888) 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%.


Asian Granito India Equity-to-Asset Related Terms

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


Asian Granito India Business Description

Traded in Other Exchanges
Address
S.G. Highway, 202, Dev Arc, Opposite Iskon Temple, Ahmedabad, GJ, IND, 380015
Asian Granito India Ltd is engaged in manufacturing and selling of wall and floor tiles. The company products portfolio include vitrified tiles, ceramic wall tiles, marbles stones, grestek, crystal collection, aquart and quartz stones where some are exported to various countries such as United States, Africa, Gulf, and the Middle East countries. The Company has only two reportable segments which are Tiles & Marbles, and Marble & Quartz. The firm's majority revenue gets generated through sales in the Indian market.

Asian Granito India Headlines

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