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Bhandari Hosiery Exports (NSE:BHANDARI) Equity-to-Asset : 0.40 (As of Mar. 2024)


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What is Bhandari Hosiery Exports Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bhandari Hosiery Exports's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹996 Mil. Bhandari Hosiery Exports's Total Assets for the quarter that ended in Mar. 2024 was ₹2,507 Mil. Therefore, Bhandari Hosiery Exports's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.40.

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

NSE:BHANDARI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.39   Max: 0.45
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Bhandari Hosiery Exports was 0.45. The lowest was 0.36. And the median was 0.39.

NSE:BHANDARI's Equity-to-Asset is ranked worse than
66.39% of 1083 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.53 vs NSE:BHANDARI: 0.40

Bhandari Hosiery Exports Equity-to-Asset Historical Data

The historical data trend for Bhandari Hosiery Exports'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.

Bhandari Hosiery Exports Equity-to-Asset Chart

Bhandari Hosiery Exports 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 0.36 0.36 0.37 0.40 0.40

Bhandari Hosiery Exports Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.40 - 0.39 - 0.40

Competitive Comparison of Bhandari Hosiery Exports's Equity-to-Asset

For the Apparel Manufacturing subindustry, Bhandari Hosiery Exports'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.


Bhandari Hosiery Exports's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bhandari Hosiery Exports's Equity-to-Asset falls into.



Bhandari Hosiery Exports 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.

Bhandari Hosiery Exports'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
=995.871/2506.933
=0.40

Bhandari Hosiery Exports's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=995.871/2506.933
=0.40

* 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.


Bhandari Hosiery Exports  (NSE:BHANDARI) 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%.


Bhandari Hosiery Exports Equity-to-Asset Related Terms

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Bhandari Hosiery Exports (NSE:BHANDARI) Business Description

Traded in Other Exchanges
Address
Rahon Road, Bhandari House, Village Meharban, Ludhiana, PB, IND, 141007
Bhandari Hosiery Exports Ltd is an India-based firm. The company is engaged in the manufacturing and distribution of textiles consisting of fabric and garments. It is engaged in dyeing, knitting, and finishing of fabrics. Its product portfolio includes products like T-Shirts, pullovers, sweatshirts, bermudas, polo shirts, tracksuits, pajamas, lowers, ladies, knitted tops with embroidery and prints. Majority of its revenue is earned from the Indian market, while it is also engaged in the export of knitted hosiery garments.

Bhandari Hosiery Exports (NSE:BHANDARI) Headlines

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