Amkay Products (BOM:544169) Equity-to-Asset : 0.52 (As of Dec. 2023)

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What is Amkay Products Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Amkay Products's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹98.7 Mil. Amkay Products's Total Assets for the quarter that ended in Dec. 2023 was ₹188.8 Mil.

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

BOM:544169' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34 Med: 0.44 Max: 0.52
Current: 0.52

During the past 3 years, the highest Equity to Asset Ratio of Amkay Products was 0.52. The lowest was 0.34. And the median was 0.44.

BOM:544169's Equity-to-Asset is ranked worse than
65.01% of 866 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs BOM:544169: 0.52

Amkay Products Equity-to-Asset Historical Data

The historical data trend for Amkay Products'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.

Amkay Products Equity-to-Asset Chart

Amkay Products Annual Data

Trend

Mar21

Mar22

Mar23

Equity-to-Asset

0.34

0.39

0.49

Amkay Products Quarterly Data
	Mar21	Mar22	Mar23	Dec23
Equity-to-Asset	0.34	0.39	0.49	0.52

Competitive Comparison of Amkay Products's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, Amkay Products'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.

Amkay Products's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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

Amkay Products 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.

Amkay Products's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	77.163	/	156.377
	=	0.49

Amkay Products's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	98.696	/	188.752
	=

Amkay Products (BOM:544169) 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%.

Amkay Products Equity-to-Asset Related Terms

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

Amkay Products (BOM:544169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Amkay Products Ltd (BOM:544169) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Waliv Road, Bunglow No. 68, Rashmi Park, CHS Ltd, Dhumal Nagar, Vasai, Thane, Mumbai, MH, IND, 401208

Website

Amkay Products Ltd is a healthcare company. It manufacture, assemble & market a comprehensive portfolio of medical devices, disposables and other Healthcare Products like Face Mask, Alcohol Swabs, Lancet Needles, Nebulizer, Pulse Oximeter, surgeon cap etc. used by healthcare centers, hospitals/clinics, nursing homes etc. Additionally, engaged in branding and marketing of some of the products like Diapers, Plastic Gloves, Suction Machines etc.

Amkay Products (BOM:544169) Headlines

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