Hemant Surgical Industries (BOM:543916) Equity-to-Asset : 0.50 (As of Sep. 2024)

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What is Hemant Surgical Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hemant Surgical Industries's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹580 Mil. Hemant Surgical Industries's Total Assets for the quarter that ended in Sep. 2024 was ₹1,159 Mil. Therefore, Hemant Surgical Industries's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.50.

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

BOM:543916' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23 Med: 0.43 Max: 0.57
Current: 0.5

During the past 4 years, the highest Equity to Asset Ratio of Hemant Surgical Industries was 0.57. The lowest was 0.23. And the median was 0.43.

BOM:543916's Equity-to-Asset is ranked worse than
66.74% of 869 companies
in the Medical Devices & Instruments industry
Industry Median: 0.63 vs BOM:543916: 0.50

Hemant Surgical Industries Equity-to-Asset Historical Data

The historical data trend for Hemant Surgical Industries'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.

Hemant Surgical Industries Equity-to-Asset Chart

Hemant Surgical Industries Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.23

0.24

0.36

0.57

Hemant Surgical Industries Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial			-	0.36	0.54	0.57	0.50

Competitive Comparison of Hemant Surgical Industries's Equity-to-Asset

For the Medical Devices subindustry, Hemant Surgical Industries'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.

Hemant Surgical Industries's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hemant Surgical Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hemant Surgical Industries's Equity-to-Asset falls into.

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Hemant Surgical Industries 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.

Hemant Surgical Industries'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
	=	548.582	/	966.372
	=	0.57

Hemant Surgical Industries'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
	=	580.406	/	1159.43
	=	0.50

Hemant Surgical Industries (BOM:543916) 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%.

Hemant Surgical Industries Equity-to-Asset Related Terms

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

Hemant Surgical Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Hemant Surgical Industries Ltd (BOM:543916) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

J.S.D. Road, 502, 5th Floor, Ecstasy Business Park, Co-Op Society Limited, Mulund West, Mumbai, MH, IND, 400 080

Website

https://www.hemantsurgical.com

Hemant Surgical Industries Ltd is engaged in Importing, manufacturing, and marketing quality surgical and Pharmaceutical Products at an economical price. Its product offerings cover a wide spectrum of equipment and disposables required for (i) Renal Care, (ii) Cardiovascular Disease (iii) Respiratory Disease, (iv) Critical Care and Radiology, and (v) Surgical disposables. Its products include JMS Meditape, JMS Infusion Set, JMS Scalp Vein Set, Ventilators, ECG Machines, and others.

Hemant Surgical Industries Headlines

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