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Gabriel Pet Straps (BOM:544108) Equity-to-Asset : 0.76 (As of Mar. 2024)


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What is Gabriel Pet Straps Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gabriel Pet Straps's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹105.7 Mil. Gabriel Pet Straps's Total Assets for the quarter that ended in Mar. 2024 was ₹139.4 Mil. Therefore, Gabriel Pet Straps's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.76.

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

BOM:544108' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.57   Max: 0.92
Current: 0.76

During the past 4 years, the highest Equity to Asset Ratio of Gabriel Pet Straps was 0.92. The lowest was 0.34. And the median was 0.57.

BOM:544108's Equity-to-Asset is ranked better than
80.3% of 3025 companies
in the Industrial Products industry
Industry Median: 0.56 vs BOM:544108: 0.76

Gabriel Pet Straps Equity-to-Asset Historical Data

The historical data trend for Gabriel Pet Straps'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.

Gabriel Pet Straps Equity-to-Asset Chart

Gabriel Pet Straps Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
0.92 0.37 0.34 0.76

Gabriel Pet Straps Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Equity-to-Asset 0.92 0.37 0.34 0.76

Competitive Comparison of Gabriel Pet Straps's Equity-to-Asset

For the Tools & Accessories subindustry, Gabriel Pet Straps'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.


Gabriel Pet Straps's Equity-to-Asset Distribution in the Industrial Products Industry

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

* The bar in red indicates where Gabriel Pet Straps's Equity-to-Asset falls into.



Gabriel Pet Straps 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.

Gabriel Pet Straps'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
=105.706/139.442
=0.76

Gabriel Pet Straps'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
=105.706/139.442
=0.76

* 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.


Gabriel Pet Straps  (BOM:544108) 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%.


Gabriel Pet Straps Equity-to-Asset Related Terms

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


Gabriel Pet Straps (BOM:544108) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Gabriel Pet Straps Ltd is is engaged in the manufacturing and selling of Pet Straps under brand name of "Gabriel" widely used in packaging of heavy materials. It produce Pet Strap from 9mm to 32mm width and thickness ranging from 0.70mm to 1.30mm. It also offers customised bulk packaging solutions to different industries such as Cotton Bales, Fiber, Packaging, Paper, Waste Cloth etc.

Gabriel Pet Straps (BOM:544108) Headlines

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