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Shyam Metalics and Energy (BOM:543299) Equity-to-Asset : 0.67 (As of Mar. 2024)


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What is Shyam Metalics and Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shyam Metalics and Energy's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹96,467 Mil. Shyam Metalics and Energy's Total Assets for the quarter that ended in Mar. 2024 was ₹144,238 Mil. Therefore, Shyam Metalics and Energy's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.67.

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

BOM:543299' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.67   Max: 0.69
Current: 0.67

During the past 8 years, the highest Equity to Asset Ratio of Shyam Metalics and Energy was 0.69. The lowest was 0.56. And the median was 0.67.

BOM:543299's Equity-to-Asset is ranked better than
71.92% of 634 companies
in the Steel industry
Industry Median: 0.53 vs BOM:543299: 0.67

Shyam Metalics and Energy Equity-to-Asset Historical Data

The historical data trend for Shyam Metalics and Energy'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.

Shyam Metalics and Energy Equity-to-Asset Chart

Shyam Metalics and Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial 0.56 0.67 0.69 0.64 0.67

Shyam Metalics and Energy Quarterly Data
Mar17 Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 0.64 0.60 - 0.67

Competitive Comparison of Shyam Metalics and Energy's Equity-to-Asset

For the Steel subindustry, Shyam Metalics and Energy'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.


Shyam Metalics and Energy's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shyam Metalics and Energy's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shyam Metalics and Energy's Equity-to-Asset falls into.



Shyam Metalics and Energy 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.

Shyam Metalics and Energy'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
=96466.7/144238.3
=0.67

Shyam Metalics and Energy'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
=96466.7/144238.3
=0.67

* 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.


Shyam Metalics and Energy  (BOM:543299) 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%.


Shyam Metalics and Energy Equity-to-Asset Related Terms

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Shyam Metalics and Energy (BOM:543299) Business Description

Traded in Other Exchanges
Address
83, Topsia Road, Trinity Tower, 7th Floor, Kolkata, WB, IND, 700046
Shyam Metalics and Energy Ltd is an integrated metal producer company. It is primarily engaged in the production of long steel products such as iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys. The company generates the majority of its revenue from India. The group revenue from the Sale of Manufactured Products, Sale of Services, Sale of Traded Goods, and Sale of Power, with the majority being generated from the sale of manufactured products.

Shyam Metalics and Energy (BOM:543299) Headlines

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