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G M Polyplast (BOM:543239) Equity-to-Asset : 0.77 (As of Mar. 2024)


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What is G M Polyplast Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. G M Polyplast's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹317.6 Mil. G M Polyplast's Total Assets for the quarter that ended in Mar. 2024 was ₹414.4 Mil. Therefore, G M Polyplast's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.77.

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

BOM:543239' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.52   Max: 0.77
Current: 0.77

During the past 7 years, the highest Equity to Asset Ratio of G M Polyplast was 0.77. The lowest was 0.17. And the median was 0.52.

BOM:543239's Equity-to-Asset is ranked better than
76.71% of 1567 companies
in the Chemicals industry
Industry Median: 0.59 vs BOM:543239: 0.77

G M Polyplast Equity-to-Asset Historical Data

The historical data trend for G M Polyplast'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.

G M Polyplast Equity-to-Asset Chart

G M Polyplast Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial 0.32 0.59 0.52 0.69 0.77

G M Polyplast Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.52 0.51 0.69 0.68 0.77

Competitive Comparison of G M Polyplast's Equity-to-Asset

For the Specialty Chemicals subindustry, G M Polyplast'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.


G M Polyplast's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, G M Polyplast's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where G M Polyplast's Equity-to-Asset falls into.



G M Polyplast 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.

G M Polyplast'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
=317.564/414.418
=0.77

G M Polyplast'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
=317.564/414.418
=0.77

* 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.


G M Polyplast  (BOM:543239) 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%.


G M Polyplast Equity-to-Asset Related Terms

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


G M Polyplast (BOM:543239) Business Description

Traded in Other Exchanges
N/A
Address
Kondiviti Road, Near Camlin, A/66, New Empire Industial Estate, JB Nagar andheri (East), Mumbai, MH, IND, 400059
G M Polyplast Ltd is a manufacturer of HIPS, ABS, PET, PP, HDPE Sheets, and Granules. The company's products include Sheet - ABS sheets, HIPS sheets, PET sheets, HDPE sheets, PP sheets, and ESD materials and Granule - PP granule, ABS granule, HIPS granule, & HDPE granules.

G M Polyplast (BOM:543239) Headlines

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