Avi Ansh Textile (NSE:AVIANSH) Equity-to-Asset : 0.47 (As of Sep. 2024)

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What is Avi Ansh Textile Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Avi Ansh Textile's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹418.7 Mil. Avi Ansh Textile's Total Assets for the quarter that ended in Sep. 2024 was ₹894.1 Mil.

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

NSE:AVIANSH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23 Med: 0.27 Max: 0.47
Current: 0.47

During the past 4 years, the highest Equity to Asset Ratio of Avi Ansh Textile was 0.47. The lowest was 0.23. And the median was 0.27.

NSE:AVIANSH's Equity-to-Asset is ranked worse than
58.7% of 1063 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.54 vs NSE:AVIANSH: 0.47

Avi Ansh Textile Equity-to-Asset Historical Data

The historical data trend for Avi Ansh Textile'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.

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Avi Ansh Textile Equity-to-Asset Chart

Avi Ansh Textile Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.23

0.28

0.27

0.24

Avi Ansh Textile Quarterly Data
	Mar21	Mar22	Mar23	Dec23	Mar24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial			0.28	0.27	0.27	0.24	0.47

Competitive Comparison of Avi Ansh Textile's Equity-to-Asset

For the Textile Manufacturing subindustry, Avi Ansh Textile'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.

Avi Ansh Textile's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Avi Ansh Textile's Equity-to-Asset falls into.

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Avi Ansh Textile 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.

Avi Ansh Textile'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
	=	158.722	/	652.264
	=	0.24

Avi Ansh Textile'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
	=	418.729	/	894.073
	=

Avi Ansh Textile (NSE:AVIANSH) 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%.

Avi Ansh Textile Equity-to-Asset Related Terms

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

Avi Ansh Textile Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Avi Ansh Textile Ltd (NSE:AVIANSH) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

402, 4th Floor, Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, North West, Delhi, IND, 110034

Website

https://www.avianshgroup.com

Avi Ansh Textile Ltd is a manufacturer and exporter of cotton yarn, including combed and carded cotton yarn in various counts. Its Yarns include Carded cotton, Combed cotton, Short, medium, long slub yarn produced with specific patterns. Its Fabric product include Single Jersey, Rib Knit, Interlock Fabric, Terry, Diagonal Terry, waffle, Thermal, Fleece, Pique, Rice Knit, Dot Knit, Nirmal Knit, Lycra Blended Fabrics, etc.

Avi Ansh Textile Headlines

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