Milestone Furniture (BOM:541337) Equity-to-Asset : 0.98 (As of Mar. 2023)

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What is Milestone Furniture Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Milestone Furniture's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹255.85 Mil. Milestone Furniture's Total Assets for the quarter that ended in Mar. 2023 was ₹260.45 Mil.

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

BOM:541337' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05 Med: 0.85 Max: 0.99
Current: 0.98

During the past 10 years, the highest Equity to Asset Ratio of Milestone Furniture was 0.99. The lowest was 0.05. And the median was 0.85.

BOM:541337's Equity-to-Asset is ranked better than
99.77% of 426 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.565 vs BOM:541337: 0.98

Milestone Furniture Equity-to-Asset Historical Data

The historical data trend for Milestone Furniture'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.

Milestone Furniture Equity-to-Asset Chart

Milestone Furniture Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

Get a 7-Day Free Trial

0.95

0.99

0.98

Milestone Furniture Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Equity-to-Asset	Get a 7-Day Free Trial										0.99	0.99	0.98	0.98	0.98

Competitive Comparison of Milestone Furniture's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Milestone Furniture'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.

Milestone Furniture's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Milestone Furniture's Equity-to-Asset distribution charts can be found below:

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

Milestone Furniture 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.

Milestone Furniture'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
	=	255.849	/	260.447
	=

Milestone Furniture's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	255.849	/	260.447
	=

Milestone Furniture (BOM:541337) 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%.

Milestone Furniture Equity-to-Asset Related Terms

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

Milestone Furniture (BOM:541337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Milestone Furniture Ltd (BOM:541337) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wada Manor Road, Survey No.147, House No. 271/1, Met Village, Opposite HP Petrol Pump, Palghar, Thane, MH, IND, 421312

Website

http://www.milestonefurniture.in

Milestone Furniture Ltd is engaged in the field of the household furniture business. It manufactures home and office furniture and is also involved in home and office design. The product portfolio includes basic plastic chair/ plastic storage solution/ Dining Tables into all segments like bedroom, dining, living room, essentials and mattresses which are needed at different points during their aspirational home building journey. The company has also spread its product portfolio to serve the institutional segment especially in segments like office seating, desking, and storage solutions. The product assortment covers both the large institutions and small office/home office's needs.

Milestone Furniture (BOM:541337) Headlines

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