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Dolfin Rubbers (BOM:542013) Equity-to-Asset : 0.45 (As of Mar. 2024)


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What is Dolfin Rubbers Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dolfin Rubbers's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹283 Mil. Dolfin Rubbers's Total Assets for the quarter that ended in Mar. 2024 was ₹628 Mil. Therefore, Dolfin Rubbers's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.45.

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

BOM:542013' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.44   Max: 0.6
Current: 0.45

During the past 11 years, the highest Equity to Asset Ratio of Dolfin Rubbers was 0.60. The lowest was 0.37. And the median was 0.44.

BOM:542013's Equity-to-Asset is ranked worse than
52.58% of 1320 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BOM:542013: 0.45

Dolfin Rubbers Equity-to-Asset Historical Data

The historical data trend for Dolfin Rubbers'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.

Dolfin Rubbers Equity-to-Asset Chart

Dolfin Rubbers 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 0.57 0.49 0.46 0.43 0.45

Dolfin Rubbers Quarterly Data
Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 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 0.43 - 0.44 - 0.45

Competitive Comparison of Dolfin Rubbers's Equity-to-Asset

For the Auto Parts subindustry, Dolfin Rubbers'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.


Dolfin Rubbers's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dolfin Rubbers's Equity-to-Asset distribution charts can be found below:

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



Dolfin Rubbers 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.

Dolfin Rubbers'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
=282.766/628.281
=0.45

Dolfin Rubbers'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
=282.766/628.281
=0.45

* 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.


Dolfin Rubbers  (BOM:542013) 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%.


Dolfin Rubbers Equity-to-Asset Related Terms

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


Dolfin Rubbers (BOM:542013) Business Description

Traded in Other Exchanges
N/A
Address
26-A, Bhai Randhir Singh Nagar, Opposite Ramesh Eye Hospital, Ludhiana, PB, IND, 141012
Dolfin Rubbers Ltd The Company is mainly engaged in Manufacturing Rubber Tyres and Tubes, so the Management considers this the only business segment of the Company. The company's main business is in India. Based on its vehicle types, the tire market can be segmented into passenger cars, light commercial vehicles, medium and heavy commercial vehicles, two-wheelers and three-wheelers, and off-road, among others.

Dolfin Rubbers (BOM:542013) Headlines

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