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Laxmipati Engineering Works (BOM:537669) Equity-to-Asset : 0.05 (As of Mar. 2024)


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What is Laxmipati Engineering Works Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Laxmipati Engineering Works's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹20.7 Mil. Laxmipati Engineering Works's Total Assets for the quarter that ended in Mar. 2024 was ₹461.7 Mil. Therefore, Laxmipati Engineering Works's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.05.

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

BOM:537669' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.44   Max: 0.72
Current: 0.05

During the past 11 years, the highest Equity to Asset Ratio of Laxmipati Engineering Works was 0.72. The lowest was 0.03. And the median was 0.44.

BOM:537669's Equity-to-Asset is ranked worse than
90.51% of 316 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs BOM:537669: 0.05

Laxmipati Engineering Works Equity-to-Asset Historical Data

The historical data trend for Laxmipati Engineering Works'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.

Laxmipati Engineering Works Equity-to-Asset Chart

Laxmipati Engineering Works 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 0.45 0.16 0.15 0.03 0.05

Laxmipati Engineering Works Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 0.07 0.03 0.03 0.05

Competitive Comparison of Laxmipati Engineering Works's Equity-to-Asset

For the Aerospace & Defense subindustry, Laxmipati Engineering Works'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.


Laxmipati Engineering Works's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Laxmipati Engineering Works's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Laxmipati Engineering Works's Equity-to-Asset falls into.



Laxmipati Engineering Works 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.

Laxmipati Engineering Works'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
=20.733/461.66
=0.04

Laxmipati Engineering Works'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
=20.733/461.66
=0.04

* 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.


Laxmipati Engineering Works  (BOM:537669) 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%.


Laxmipati Engineering Works Equity-to-Asset Related Terms

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Laxmipati Engineering Works (BOM:537669) Business Description

Traded in Other Exchanges
N/A
Address
Central Park Society, Office Block 1st Floor, Plot No. 237/2 and 3, Sub Plot No. A/25, GIDC, Pandesara, Surat, GJ, IND, 394221
Laxmipati Engineering Works Ltd is engaged in the Business of Ship Building, Ship Repair, Fabrication, Heavy Engineering, Engineering Infrastructure and services and Precision Machining.

Laxmipati Engineering Works (BOM:537669) Headlines

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