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Goblin India (BOM:542850) Equity-to-Asset : 0.52 (As of Sep. 2023)


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What is Goblin India Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Goblin India's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹394.2 Mil. Goblin India's Total Assets for the quarter that ended in Sep. 2023 was ₹763.7 Mil. Therefore, Goblin India's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.52.

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

BOM:542850' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.44   Max: 0.52
Current: 0.52

During the past 7 years, the highest Equity to Asset Ratio of Goblin India was 0.52. The lowest was 0.09. And the median was 0.44.

BOM:542850's Equity-to-Asset is ranked better than
50.46% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs BOM:542850: 0.52

Goblin India Equity-to-Asset Historical Data

The historical data trend for Goblin India'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.

Goblin India Equity-to-Asset Chart

Goblin India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial 0.22 0.52 0.44 0.41 0.43

Goblin India Semi-Annual Data
Mar17 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 Premium Member Only 0.44 0.41 0.47 0.43 0.52

Competitive Comparison of Goblin India's Equity-to-Asset

For the Footwear & Accessories subindustry, Goblin India'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.


Goblin India's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Goblin India's Equity-to-Asset distribution charts can be found below:

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



Goblin India 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.

Goblin India'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
=313.204/728.316
=0.43

Goblin India'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
=394.214/763.703
=0.52

* 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.


Goblin India  (BOM:542850) 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%.


Goblin India Equity-to-Asset Related Terms

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Goblin India (BOM:542850) Business Description

Traded in Other Exchanges
N/A
Address
Stadium Commercial Road, Camex House, 1st Floor, Navrangpura, Ahmedabad, GJ, IND, 380009
Goblin India Ltd is engaged in manufacturing of traveling gear solutions. The company offers a variety of Travelling Gears including Hard Luggage, Soft Luggage and other accessories like wallets, purses, travel neck pillow. Geographically, operating in India. The company is operating only one business segment of trading in luggage bags, travel accessories and corporate gifts.

Goblin India (BOM:542850) Headlines

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