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Roni Households (BOM:542145) Equity-to-Asset : 0.55 (As of Sep. 2023)


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What is Roni Households Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Roni Households's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹132.0 Mil. Roni Households's Total Assets for the quarter that ended in Sep. 2023 was ₹241.5 Mil. Therefore, Roni Households's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.55.

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

BOM:542145' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.44   Max: 0.56
Current: 0.55

During the past 6 years, the highest Equity to Asset Ratio of Roni Households was 0.56. The lowest was 0.17. And the median was 0.44.

BOM:542145's Equity-to-Asset is ranked better than
51.95% of 1925 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs BOM:542145: 0.55

Roni Households Equity-to-Asset Historical Data

The historical data trend for Roni Households'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.

Roni Households Equity-to-Asset Chart

Roni Households Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial 0.44 0.51 0.45 0.25 0.56

Roni Households Semi-Annual Data
Mar18 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 0.38 0.25 0.28 0.56 0.55

Competitive Comparison of Roni Households's Equity-to-Asset

For the Household & Personal Products subindustry, Roni Households'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.


Roni Households's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

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

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



Roni Households 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.

Roni Households'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
=128.587/229.4
=0.56

Roni Households'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
=131.953/241.534
=0.55

* 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.


Roni Households  (BOM:542145) 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%.


Roni Households Equity-to-Asset Related Terms

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


Roni Households (BOM:542145) Business Description

Traded in Other Exchanges
N/A
Address
Ajanta Road, Plot No. F-55, Addl. MIDC Area, Jalgaon, MH, IND, 425003
Roni Households Ltd is an India-based company engaged in the trading of plastic granules and plastic household products. The company currently trades in plastic granules and plastic household products which include Tub, Buckets, Office furniture, and Ghamela among others.

Roni Households (BOM:542145) Headlines

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