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Sky Gold (BOM:541967) Equity-to-Asset : 0.42 (As of Mar. 2024)


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What is Sky Gold Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sky Gold's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,441 Mil. Sky Gold's Total Assets for the quarter that ended in Mar. 2024 was ₹5,856 Mil. Therefore, Sky Gold's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.42.

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

BOM:541967' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2   Med: 0.41   Max: 0.46
Current: 0.42

During the past 11 years, the highest Equity to Asset Ratio of Sky Gold was 0.46. The lowest was 0.20. And the median was 0.41.

BOM:541967's Equity-to-Asset is ranked worse than
52.19% of 1121 companies
in the Retail - Cyclical industry
Industry Median: 0.45 vs BOM:541967: 0.42

Sky Gold Equity-to-Asset Historical Data

The historical data trend for Sky Gold'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.

Sky Gold Equity-to-Asset Chart

Sky Gold 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 0.44 0.41 0.42 - 0.42

Sky Gold Quarterly Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 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 - - 0.36 - 0.42

Competitive Comparison of Sky Gold's Equity-to-Asset

For the Luxury Goods subindustry, Sky Gold'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.


Sky Gold's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sky Gold's Equity-to-Asset distribution charts can be found below:

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



Sky Gold 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.

Sky Gold'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
=2441.171/5856.426
=0.42

Sky Gold'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
=2441.171/5856.426
=0.42

* 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.


Sky Gold  (BOM:541967) 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%.


Sky Gold Equity-to-Asset Related Terms

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


Sky Gold (BOM:541967) Business Description

Traded in Other Exchanges
Address
Kalbadevi Road, 267-271, Kanak Chambers, Office No.12A,13,14, 1st Floor, Opposite Adarsh Hotel, Mumbai, MH, IND, 400 002
Sky Gold Ltd is an India-based company engaged in the business of designing, manufacturing, and marketing gold jewelry. It caters to a large number of wholesalers, showrooms, and retailers who buy the products in bulk quantities. The company's product portfolio includes Finger rings, Earrings, Studs, Chains, Pendants, pendant sets, Double hook pendants, Bracelets, Necklaces, and Bangles among others.

Sky Gold (BOM:541967) Headlines

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