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Relicab Cable Manufacturing (BOM:539760) Equity-to-Asset : 0.32 (As of Sep. 2023)


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What is Relicab Cable Manufacturing Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Relicab Cable Manufacturing's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹113.8 Mil. Relicab Cable Manufacturing's Total Assets for the quarter that ended in Sep. 2023 was ₹361.3 Mil. Therefore, Relicab Cable Manufacturing's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.32.

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

BOM:539760' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.32   Max: 0.44
Current: 0.32

During the past 11 years, the highest Equity to Asset Ratio of Relicab Cable Manufacturing was 0.44. The lowest was 0.13. And the median was 0.32.

BOM:539760's Equity-to-Asset is ranked worse than
84.77% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs BOM:539760: 0.32

Relicab Cable Manufacturing Equity-to-Asset Historical Data

The historical data trend for Relicab Cable Manufacturing'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.

Relicab Cable Manufacturing Equity-to-Asset Chart

Relicab Cable Manufacturing Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.35 0.32 0.29 0.31

Relicab Cable Manufacturing Semi-Annual Data
Mar13 Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.30 0.29 0.30 0.31 0.32

Competitive Comparison of Relicab Cable Manufacturing's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Relicab Cable Manufacturing'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.


Relicab Cable Manufacturing's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Relicab Cable Manufacturing's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Relicab Cable Manufacturing's Equity-to-Asset falls into.



Relicab Cable Manufacturing 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.

Relicab Cable Manufacturing's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=109.787/351.899
=0.31

Relicab Cable Manufacturing's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=113.756/361.316
=0.31

* 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.


Relicab Cable Manufacturing  (BOM:539760) 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%.


Relicab Cable Manufacturing Equity-to-Asset Related Terms

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


Relicab Cable Manufacturing (BOM:539760) Business Description

Traded in Other Exchanges
N/A
Address
57/1,(4-B) Benslore Industrial Estate, Village Dunetha, Nani Daman, Daman, Daman, IND, 396210
Relicab Cable Manufacturing Ltd is engaged in the manufacturing and exporting of wires and cables for varied industrial applications. The company offers wires and cables including armored or unarmored and single-core as well as multi-core flexible cables and power cables. Its product offering includes PVC Cables, Telephone Cables, Single Core Cables, Multicore Flexible Cables, Elevator Flat Cable, Copper Conductors, and other related products.

Relicab Cable Manufacturing (BOM:539760) Headlines

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