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Tijaria Polypipes (BOM:533629) Equity-to-Asset : -0.50 (As of Mar. 2024)


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What is Tijaria Polypipes Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tijaria Polypipes's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹-270.72 Mil. Tijaria Polypipes's Total Assets for the quarter that ended in Mar. 2024 was ₹545.21 Mil. Therefore, Tijaria Polypipes's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -0.50.

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

BOM:533629' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.5   Med: 0.15   Max: 0.48
Current: -0.5

During the past 13 years, the highest Equity to Asset Ratio of Tijaria Polypipes was 0.48. The lowest was -0.50. And the median was 0.15.

BOM:533629's Equity-to-Asset is ranked worse than
98.23% of 1692 companies
in the Construction industry
Industry Median: 0.45 vs BOM:533629: -0.50

Tijaria Polypipes Equity-to-Asset Historical Data

The historical data trend for Tijaria Polypipes'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.

Tijaria Polypipes Equity-to-Asset Chart

Tijaria Polypipes 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 0.22 0.07 -0.22 -0.39 -0.50

Tijaria Polypipes 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 -0.39 -0.41 -0.43 -0.44 -0.50

Competitive Comparison of Tijaria Polypipes's Equity-to-Asset

For the Building Products & Equipment subindustry, Tijaria Polypipes'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.


Tijaria Polypipes's Equity-to-Asset Distribution in the Construction Industry

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

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



Tijaria Polypipes 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.

Tijaria Polypipes'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
=-270.723/545.21
=-0.50

Tijaria Polypipes'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
=-270.723/545.21
=-0.50

* 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.


Tijaria Polypipes  (BOM:533629) 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%.


Tijaria Polypipes Equity-to-Asset Related Terms

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


Tijaria Polypipes (BOM:533629) Business Description

Traded in Other Exchanges
Address
SP-1-2316, RIICO Industrial Area, Ramchandrapura, Sitapura Extension, Jaipur, RJ, IND, 302022
Tijaria Polypipes Ltd manufactures HDPE Pipes, PLB HDPE Duct, MDPE Pipes, DWC HDPE Pipes, uPVC Pipes, PVC-U Pipes, Mink Blankets, partially oriented yarn, and draw textured yarn, surgical masks, N-95 Mask under the registered brand name of Tijaria and Vikas. The company operates in two segments Pipes and Textiles. The company produces a product range in the field of plastics, HDPE Pipes for Electrical, Water and Sewerage, PVC-U and DWC HDPE Pipes for Sewerage, uPVC Pipes for Water, PLB HDPE Ducts for telecommunications, HDPE Sprinkler Irrigation Systems, MDPE Pipes for Water Supply etc. The majority of its revenue is generated from the pipes segment.

Tijaria Polypipes (BOM:533629) Headlines

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