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Sona BLW Precision Forgings (BOM:543300) Equity-to-Asset : 0.69 (As of Mar. 2024)


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What is Sona BLW Precision Forgings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sona BLW Precision Forgings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹26,503 Mil. Sona BLW Precision Forgings's Total Assets for the quarter that ended in Mar. 2024 was ₹38,649 Mil. Therefore, Sona BLW Precision Forgings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.69.

The historical rank and industry rank for Sona BLW Precision Forgings's Equity-to-Asset or its related term are showing as below:

BOM:543300' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63   Med: 0.69   Max: 0.77
Current: 0.69

During the past 6 years, the highest Equity to Asset Ratio of Sona BLW Precision Forgings was 0.77. The lowest was 0.63. And the median was 0.69.

BOM:543300's Equity-to-Asset is ranked better than
81.12% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs BOM:543300: 0.69

Sona BLW Precision Forgings Equity-to-Asset Historical Data

The historical data trend for Sona BLW Precision Forgings'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.

Sona BLW Precision Forgings Equity-to-Asset Chart

Sona BLW Precision Forgings Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial 0.64 0.63 0.77 0.75 0.69

Sona BLW Precision Forgings Quarterly Data
Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 0.75 - 0.69 - 0.69

Competitive Comparison of Sona BLW Precision Forgings's Equity-to-Asset

For the Auto Parts subindustry, Sona BLW Precision Forgings'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.


Sona BLW Precision Forgings's Equity-to-Asset Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Sona BLW Precision Forgings's Equity-to-Asset falls into.



Sona BLW Precision Forgings 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.

Sona BLW Precision Forgings'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
=26503.28/38649.13
=0.69

Sona BLW Precision Forgings'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
=26503.28/38649.13
=0.69

* 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.


Sona BLW Precision Forgings  (BOM:543300) 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%.


Sona BLW Precision Forgings Equity-to-Asset Related Terms

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


Sona BLW Precision Forgings (BOM:543300) Business Description

Traded in Other Exchanges
Address
Sona Enclave, Sector 35, Post box No. 90, Village Begumpur Khatola, Gurugram, HR, IND, 122 004
Sona BLW Precision Forgings Ltd is an automotive technology company in India. It is primarily engaged in designing, manufacturing, and supplying of precision forged bevel gears and differential case assemblies, conventional and micro-hybrid starter motors, EV traction motors for automotive and other applications. The Company's operating business is organised and managed according to a single primary reportable business segment namely Automotive Components. Geographically, it derives a majority of revenue from Outside India.

Sona BLW Precision Forgings (BOM:543300) Headlines

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