Chaman Metallics (NSE:CMNL) Equity-to-Asset : 0.66 (As of Mar. 2023)

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What is Chaman Metallics Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chaman Metallics's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹769 Mil. Chaman Metallics's Total Assets for the quarter that ended in Mar. 2023 was ₹1,165 Mil. Therefore, Chaman Metallics's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.66.

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

NSE:CMNL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.49 Max: 0.66
Current: 0.37

During the past 5 years, the highest Equity to Asset Ratio of Chaman Metallics was 0.66. The lowest was 0.37. And the median was 0.49.

NSE:CMNL's Equity-to-Asset is ranked worse than
75.67% of 633 companies
in the Steel industry
Industry Median: 0.53 vs NSE:CMNL: 0.37

Chaman Metallics Equity-to-Asset Historical Data

The historical data trend for Chaman Metallics'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.

Chaman Metallics Equity-to-Asset Chart

Chaman Metallics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.44

0.49

0.52

0.66

0.37

Chaman Metallics Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial			0.49	0.52	0.49	0.66	0.37

Competitive Comparison of Chaman Metallics's Equity-to-Asset

For the Steel subindustry, Chaman Metallics'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.

Chaman Metallics's Equity-to-Asset Distribution in the Steel Industry

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

* The bar in red indicates where Chaman Metallics's Equity-to-Asset falls into.

Chaman Metallics 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.

Chaman Metallics'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
	=	896.434	/	2417.165
	=	0.37

Chaman Metallics's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	768.69	/	1164.874
	=	0.66

Chaman Metallics (NSE:CMNL) 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%.

Chaman Metallics Equity-to-Asset Related Terms

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

Chaman Metallics (NSE:CMNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chaman Metallics Ltd (NSE:CMNL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Samta Colony, Agrawal Complex, Opp. Pandey Nursing Home, Raipur, CT, IND, 492001

Website

https://www.cmlgrgroup.com

Chaman Metallics Ltd is engaged in the business of selling Iron and Steel. The company is engaged in manufacturing and selling Direct Reduced Iron (i.e. sponge iron) which is used as a raw material for making steel in electric arc furnaces and induction furnaces.

Chaman Metallics (NSE:CMNL) Headlines

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