Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jerash Holdings (US)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was $68.1 Mil. Jerash Holdings (US)'s Total Assets for the quarter that ended in Dec. 2023 was $77.8 Mil.
Therefore, Jerash Holdings (US)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.88.
The historical rank and industry rank for Jerash Holdings (US)'s Equity-to-Asset or its related term are showing as below:
JRSH'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35 Med: 0.81 Max: 0.89
Current: 0.88
During the past 9 years, the highest Equity to Asset Ratio of Jerash Holdings (US) was 0.89. The lowest was 0.35. And the median was 0.81.
Jerash Holdings (US) Equity-to-Asset Historical Data
The historical data trend for Jerash Holdings (US)'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.
Competitive Comparison of Jerash Holdings (US)'s Equity-to-Asset
For the Apparel Manufacturing subindustry, Jerash Holdings (US)'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.
Jerash Holdings (US)'s Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jerash Holdings (US)'s Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Jerash Holdings (US)'s Equity-to-Asset falls into.
Jerash Holdings (US) 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.
Jerash Holdings (US)'s Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
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%.
Jerash Holdings (US) Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Jerash Holdings (US)'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Jerash Holdings (US) (Jerash Holdings (US)) Business Description
Jerash Holdings (US) Inc along with its subsidiaries is a manufacturer and exporter of customized, ready-made sport and outerwear from knitted fabric from its production facilities in Jordan. The company manufactures for retailers namely Walmart, Costco, Sears, Hanes, Columbia, Land's End, VF Corporation, and Philip-Van Heusen which owns brands such as The North Face, Nautica, Timberland, Wrangler, Lee, Jansport, Calvin Klein, Tommy Hilfiger, IZOD, Speedo etc. It derives its revenue from the manufacturing and sales of outerwear in the United States. The company's product offering consists of jackets, polo shirts, crew neck shirts, pants and shorts made from knitted fabric.
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