Mayank Cattle Food (BOM:544106) Equity-to-Asset : 0.39 (As of Sep. 2024)

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What is Mayank Cattle Food Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mayank Cattle Food's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹291 Mil. Mayank Cattle Food's Total Assets for the quarter that ended in Sep. 2024 was ₹739 Mil. Therefore, Mayank Cattle Food's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.39.

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

BOM:544106' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08 Med: 0.1 Max: 0.39
Current: 0.39

During the past 4 years, the highest Equity to Asset Ratio of Mayank Cattle Food was 0.39. The lowest was 0.08. And the median was 0.10.

BOM:544106's Equity-to-Asset is ranked worse than
72.33% of 1930 companies
in the Consumer Packaged Goods industry
Industry Median: 0.55 vs BOM:544106: 0.39

Mayank Cattle Food Equity-to-Asset Historical Data

The historical data trend for Mayank Cattle Food'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.

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Mayank Cattle Food Equity-to-Asset Chart

Mayank Cattle Food Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.08

0.10

0.38

Mayank Cattle Food Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24	Sep24
Equity-to-Asset	0.08	0.08	0.10	0.38	0.39

Competitive Comparison of Mayank Cattle Food's Equity-to-Asset

For the Farm Products subindustry, Mayank Cattle Food'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.

Mayank Cattle Food's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mayank Cattle Food's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Mayank Cattle Food's Equity-to-Asset falls into.

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Mayank Cattle Food 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.

Mayank Cattle Food'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
	=	269.033	/	707.059
	=	0.38

Mayank Cattle Food'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
	=	291.342	/	738.933
	=	0.39

Mayank Cattle Food (BOM:544106) 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%.

Mayank Cattle Food Equity-to-Asset Related Terms

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

Mayank Cattle Food Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mayank Cattle Food Ltd (BOM:544106) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rajkot Jamnagar Highway, R. S. No. 162, Near Khandheri Stadium, Village Naranka, Tal. Paddhari, Rajkot, GJ, IND, 360110

Website

https://www.mayankcattlefood.com

Mayank Cattle Food Ltd is engaged in the manufacturing of Maize Cake (Cattle Feed) and maize Oil (Non-edible). The business process involves the purchase of the Maize Germ, then mechanized expelling, packaging, and selling of the Maize Oil and Maize Cake, and trade in Cotton cakes and Cotton Bales. Maize Oil or Corn Oil is extracted from the germ of Maize (Corn) and Maize Cake is the by-product obtained from the extraction of Maize Oil which is very high in fat or oil content.

Mayank Cattle Food Headlines

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