AMIC Forging (BOM:544037) Equity-to-Asset : 0.80 (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is AMIC Forging Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AMIC Forging's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹873 Mil. AMIC Forging's Total Assets for the quarter that ended in Sep. 2024 was ₹1,094 Mil. Therefore, AMIC Forging's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.80.

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

BOM:544037' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24 Med: 0.37 Max: 0.7
Current: 0.7

During the past 4 years, the highest Equity to Asset Ratio of AMIC Forging was 0.70. The lowest was 0.24. And the median was 0.37.

BOM:544037's Equity-to-Asset is ranked better than
73.38% of 3028 companies
in the Industrial Products industry
Industry Median: 0.56 vs BOM:544037: 0.70

AMIC Forging Equity-to-Asset Historical Data

The historical data trend for AMIC Forging'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.

AMIC Forging Equity-to-Asset Chart

AMIC Forging Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.42

0.24

0.32

0.70

AMIC Forging Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial			0.24	0.32	-	0.70	0.80

Competitive Comparison of AMIC Forging's Equity-to-Asset

For the Metal Fabrication subindustry, AMIC Forging'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.

AMIC Forging's Equity-to-Asset Distribution in the Industrial Products Industry

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

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

AMIC Forging 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.

AMIC Forging'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
	=	646.028	/	921.302
	=	0.70

AMIC Forging'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
	=	873.261	/	1094.487
	=	0.80

AMIC Forging (BOM:544037) 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%.

AMIC Forging Equity-to-Asset Related Terms

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

AMIC Forging Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AMIC Forging Ltd (BOM:544037) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3A, Garstin Place, 2nd Floor, Kolkata, WB, IND, 700001

Website

https://www.amicforgings.com

AMIC Forging Ltd is engaged in the manufacturing of forged components. It manufactures precision machined components catering to various industries such as heavy Engineering, Steel Industry, Oil and gas, Petrochemicals, Chemicals, Refineries, Thermal Power, Nuclear Power, Hydro Power, Cement Industry, Sugar, and other related industries. It manufactures different forging components such as Gear Couplings, Roller Shaft, Brake Drum, Hook and other products as per international standards like AISI, BS, IS, DIN, etc.

AMIC Forging Headlines

No Headlines