Classic Electrodes (India) (NSE:CLASSICEIL) Equity-to-Asset: 0.71 (As of Mar. 2026) — 115% Above Median

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NSE:CLASSICEIL Classic Electrodes (India) Ltd NSE:CLASSICEIL
16 GF Score
Price ₹56.95
! 1 Warning Sign
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What is Classic Electrodes (India) Equity-to-Asset?

Classic Electrodes (India) NSE:CLASSICEIL -4.92% 16 Equity-to-Asset is 0.71 as of Mar. 2026, which is 115% above its 10-year median of 0.33. GuruFocus rates NSE:CLASSICEIL with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 3,087 Industrial Products companies, Classic Electrodes (India) ranks better than 75.02% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Classic Electrodes (India)'s Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹952 Mil. Classic Electrodes (India)'s Total Assets for the quarter that ended in Mar. 2026 was ₹1,341 Mil. Therefore, Classic Electrodes (India)'s Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.71.

The historical rank and industry rank for Classic Electrodes (India)'s Equity-to-Asset or its related term are showing as below:

NSE:CLASSICEIL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.33   Max: 0.71
Current: 0.71

During the past 5 years, the highest Equity to Asset Ratio of Classic Electrodes (India) was 0.71. The lowest was 0.26. And the median was 0.33.

NSE:CLASSICEIL's Equity-to-Asset is ranked better than
75.02% of 3087 companies
in the Industrial Products industry
Industry Median: 0.56 vs NSE:CLASSICEIL: 0.71

Classic Electrodes (India)  (NSE:CLASSICEIL) 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%.


Classic Electrodes (India) Equity-to-Asset Related Terms


Classic Electrodes (India) Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Classic Electrodes (India)'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.

Classic Electrodes (India) Equity-to-Asset Chart

Classic Electrodes (India) Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
0.26 0.28 0.38 0.00 0.71

Classic Electrodes (India) Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Equity-to-Asset Get a 7-Day Free Trial 0.38 0.00 0.00 0.66 0.71

NSE:CLASSICEIL vs VRT, BE: Equity-to-Asset Comparison

For the Electrical Equipment & Parts subindustry, Classic Electrodes (India)'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.


Classic Electrodes (India) Equity-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Classic Electrodes (India)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Classic Electrodes (India)'s Equity-to-Asset falls into.


NSE:CLASSICEIL
16GF Score
Classic Electrodes (India) Ltd NSE:CLASSICEIL
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Classic Electrodes (India) 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.

Classic Electrodes (India)'s Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=952.055/1341.038
=0.71

Classic Electrodes (India)'s Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=952.055/1341.038
=0.71

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.71 mean?
Classic Electrodes (India) (NSE:CLASSICEIL) has a Equity-to-Asset of 0.71 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Classic Electrodes (India) and its competitors. This is 115% above median its historical median of 0.33. Over the past decade, Classic Electrodes (India)'s Equity-to-Asset has ranged from 0.26 to 0.71. According to the industry distribution chart, Classic Electrodes (India) ranks #771 out of 3087 companies in the Industrial Products industry, placing it in the top 25%.
Is Classic Electrodes (India)'s Equity-to-Asset too high?
Classic Electrodes (India)'s current Equity-to-Asset of 0.71 is 115% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.71. The Industrial Products industry median Equity-to-Asset is 0.56. Classic Electrodes (India)'s value of 0.71 is 26.8% above this industry median. Based on the distribution chart, Classic Electrodes (India) ranks #771 out of 3087 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Classic Electrodes (India) has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s Equity-to-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Classic Electrodes (India) ranks #771 out of 3087 companies for Equity-to-Asset. This places Classic Electrodes (India) in the top 25% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.56. Classic Electrodes (India)'s value of 0.71 is 26.8% above this benchmark. Historically, Classic Electrodes (India)'s own Equity-to-Asset has ranged from 0.26 to 0.71 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.56, Classic Electrodes (India) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.56, based on 3,087 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Classic Electrodes (India)'s current Equity-to-Asset of 0.71 is 26.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Classic Electrodes (India) and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Classic Electrodes (India)'s current Equity-to-Asset is 0.71, which is 115% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current Equity-to-Asset of 0.71. The current Equity-to-Asset is 0.71, which is 115% above median its 10-year median of 0.33 and 26.8% above the Industrial Products industry median of 0.56. Classic Electrodes (India)'s overall GF Score™ is 16/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Classic Electrodes (India) (NSE:CLASSICEIL), the current Equity-to-Asset is 0.71 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Classic Electrodes (India) Business Description

Address Plot BG-12 AA-1 B, Unit 201, 2nd Floor, Bus terminus and commercial complex, New Town, North 24 Parganas, New Town, WB, IND, 700156
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
16GF Score

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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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