GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hayleys Fabric PLC (COL:MGT.N0000) » Definitions » Equity-to-Asset

Hayleys Fabric (COL:MGT.N0000) Equity-to-Asset : 0.28 (As of Jun. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Hayleys Fabric Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hayleys Fabric's Total Stockholders Equity for the quarter that ended in Jun. 2024 was රු10,591 Mil. Hayleys Fabric's Total Assets for the quarter that ended in Jun. 2024 was රු37,776 Mil. Therefore, Hayleys Fabric's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.28.

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

COL:MGT.N0000' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.36   Max: 0.41
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of Hayleys Fabric was 0.41. The lowest was 0.19. And the median was 0.36.

COL:MGT.N0000's Equity-to-Asset is ranked worse than
81.94% of 1080 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.53 vs COL:MGT.N0000: 0.28

Hayleys Fabric Equity-to-Asset Historical Data

The historical data trend for Hayleys Fabric'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.

Hayleys Fabric Equity-to-Asset Chart

Hayleys Fabric Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.36 0.25 0.24 0.28

Hayleys Fabric Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.27 0.29 0.28 0.28

Competitive Comparison of Hayleys Fabric's Equity-to-Asset

For the Textile Manufacturing subindustry, Hayleys Fabric'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.


Hayleys Fabric's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hayleys Fabric's Equity-to-Asset distribution charts can be found below:

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



Hayleys Fabric 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.

Hayleys Fabric'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
=10001.121/35441.507
=0.28

Hayleys Fabric's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=10591.136/37776.125
=0.28

* 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.


Hayleys Fabric  (COL:MGT.N0000) 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%.


Hayleys Fabric Equity-to-Asset Related Terms

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


Hayleys Fabric Business Description

Traded in Other Exchanges
N/A
Address
Narthupana Estate, Neboda, LKA
Hayleys Fabric PLC is engaged in the manufacturing, distribution, and trading of Fabric materials and related products. In addition, the company also provides services like circular knitting of fabric, fabric dyeing and finishing, fabric printing, brushing, and sueding. Its product portfolio includes products like diversified weft knit, polyester fabrics, nylon fabric, and various other fabric products. The company possesses market recognition under the brand name INNO. The majority of its revenue comes from the Sri Lankan market.

Hayleys Fabric Headlines

No Headlines