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Maiden Forgings (BOM:543874) Equity-to-Asset : 0.47 (As of Sep. 2024)


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What is Maiden Forgings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Maiden Forgings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹750 Mil. Maiden Forgings's Total Assets for the quarter that ended in Sep. 2024 was ₹1,588 Mil. Therefore, Maiden Forgings's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.47.

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

BOM:543874' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.32   Max: 0.48
Current: 0.47

During the past 5 years, the highest Equity to Asset Ratio of Maiden Forgings was 0.48. The lowest was 0.22. And the median was 0.32.

BOM:543874's Equity-to-Asset is ranked worse than
66.35% of 3028 companies
in the Industrial Products industry
Industry Median: 0.57 vs BOM:543874: 0.47

Maiden Forgings Equity-to-Asset Historical Data

The historical data trend for Maiden 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.

Maiden Forgings Equity-to-Asset Chart

Maiden Forgings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
0.22 0.28 0.28 0.32 0.48

Maiden Forgings Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Equity-to-Asset Get a 7-Day Free Trial - 0.32 0.48 0.48 0.47

Competitive Comparison of Maiden Forgings's Equity-to-Asset

For the Metal Fabrication subindustry, Maiden 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.


Maiden Forgings's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Maiden Forgings's Equity-to-Asset distribution charts can be found below:

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


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Maiden 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.

Maiden 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
=709.654/1486.114
=0.48

Maiden Forgings's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=750.125/1587.832
=0.47

* 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.


Maiden Forgings  (BOM:543874) 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%.


Maiden Forgings Equity-to-Asset Related Terms

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


Maiden Forgings Business Description

Traded in Other Exchanges
N/A
Address
E 201 Kavi Nagar Industrial Area, Ghaziabad, UP, IND, 201002
Maiden Forgings Ltd is engaged in manufacturing and selling ferrous metal products including steel bright bars, wires, profiles, ground bars and nails (collated & loose).

Maiden Forgings Headlines

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