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Sheetal Cool Products (BOM:540757) Equity-to-Asset : 0.57 (As of Sep. 2024)


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What is Sheetal Cool Products Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sheetal Cool Products's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹1,242 Mil. Sheetal Cool Products's Total Assets for the quarter that ended in Sep. 2024 was ₹2,171 Mil. Therefore, Sheetal Cool Products's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.57.

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

BOM:540757' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.31   Max: 0.57
Current: 0.57

During the past 11 years, the highest Equity to Asset Ratio of Sheetal Cool Products was 0.57. The lowest was 0.17. And the median was 0.31.

BOM:540757's Equity-to-Asset is ranked better than
54.63% of 1931 companies
in the Consumer Packaged Goods industry
Industry Median: 0.55 vs BOM:540757: 0.57

Sheetal Cool Products Equity-to-Asset Historical Data

The historical data trend for Sheetal Cool Products'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.

Sheetal Cool Products Equity-to-Asset Chart

Sheetal Cool Products 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 0.28 0.31 0.37 0.41 0.49

Sheetal Cool Products Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 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 0.48 - 0.49 - 0.57

Competitive Comparison of Sheetal Cool Products's Equity-to-Asset

For the Packaged Foods subindustry, Sheetal Cool Products'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.


Sheetal Cool Products's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sheetal Cool Products's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sheetal Cool Products's Equity-to-Asset falls into.



Sheetal Cool Products 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.

Sheetal Cool Products'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
=1145.337/2347.514
=0.49

Sheetal Cool Products'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
=1242.232/2171.229
=0.57

* 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.


Sheetal Cool Products  (BOM:540757) 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%.


Sheetal Cool Products Equity-to-Asset Related Terms

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


Sheetal Cool Products Business Description

Traded in Other Exchanges
Address
Plot No. 75 to 81, G.I.D.C. Estate, Amreli, GJ, IND, 365601
Sheetal Cool Products Ltd is engaged in the manufacture and sale of ice cream and related products. Its product includes take home; cups; cones; candies; kulfi; cakes and pastries; novelties; and sugar-free. The company has two primary segments namely Milk and Milk Products and Namkeen Products. The majority of the firm's revenue gets derived from the Milk and Milk products segment.

Sheetal Cool Products Headlines

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