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Aditya Ultra Steel (NSE:AUSL) Equity-to-Asset : 0.49 (As of Sep. 2024)


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What is Aditya Ultra Steel Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aditya Ultra Steel's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹973 Mil. Aditya Ultra Steel's Total Assets for the quarter that ended in Sep. 2024 was ₹1,969 Mil.

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

NSE:AUSL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.4   Max: 0.49
Current: 0.49

During the past 3 years, the highest Equity to Asset Ratio of Aditya Ultra Steel was 0.49. The lowest was 0.33. And the median was 0.40.

NSE:AUSL's Equity-to-Asset is ranked worse than
58.14% of 645 companies
in the Steel industry
Industry Median: 0.54 vs NSE:AUSL: 0.49

Aditya Ultra Steel Equity-to-Asset Historical Data

The historical data trend for Aditya Ultra Steel'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.

Aditya Ultra Steel Equity-to-Asset Chart

Aditya Ultra Steel Annual Data
Trend Mar22 Mar23 Mar24
Equity-to-Asset
0.40 0.41 0.33

Aditya Ultra Steel Quarterly Data
Mar22 Mar23 Mar24 Sep24
Equity-to-Asset 0.40 0.41 0.33 0.49

Competitive Comparison of Aditya Ultra Steel's Equity-to-Asset

For the Steel subindustry, Aditya Ultra Steel'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.


Aditya Ultra Steel's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Aditya Ultra Steel's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Aditya Ultra Steel's Equity-to-Asset falls into.



Aditya Ultra Steel 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.

Aditya Ultra Steel'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
=485.217/1475.233
=0.33

Aditya Ultra Steel'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
=972.789/1969.285
=

* 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.


Aditya Ultra Steel  (NSE:AUSL) 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%.


Aditya Ultra Steel Equity-to-Asset Related Terms

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


Aditya Ultra Steel Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
National Highway 8-A, Survey No-48, Wankarner Boudry, Bhalgam, Wankaner, Rajkot, GJ, IND, 363621
Aditya Ultra Steel Ltd is engaged in manufacturing rolled steel products, such as TMT bars under the Kamdhenu brand, catering mainly to the construction industry and infrastructure development. The company manufactures TMT bars from billets through a reheating furnace and rolling mill. The company designs and manufactures TMT bars and sells it on B2B Basis. Its customer base is mainly spread across the State of Gujarat.

Aditya Ultra Steel Headlines

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