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Jakharia Fabric (NSE:JAKHARIA) Equity-to-Asset : 0.35 (As of Mar. 2024)


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What is Jakharia Fabric Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jakharia Fabric's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹188.8 Mil. Jakharia Fabric's Total Assets for the quarter that ended in Mar. 2024 was ₹545.2 Mil. Therefore, Jakharia Fabric's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.35.

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

NSE:JAKHARIA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.34   Max: 0.51
Current: 0.35

During the past 12 years, the highest Equity to Asset Ratio of Jakharia Fabric was 0.51. The lowest was 0.24. And the median was 0.34.

NSE:JAKHARIA's Equity-to-Asset is ranked worse than
74.6% of 1063 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.54 vs NSE:JAKHARIA: 0.35

Jakharia Fabric Equity-to-Asset Historical Data

The historical data trend for Jakharia Fabric'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.

Jakharia Fabric Equity-to-Asset Chart

Jakharia Fabric 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 0.50 0.43 0.28 0.28 0.35

Jakharia Fabric Semi-Annual Data
Mar13 Mar14 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 Premium Member Only Premium Member Only 0.50 0.43 0.28 0.28 0.35

Competitive Comparison of Jakharia Fabric's Equity-to-Asset

For the Textile Manufacturing subindustry, Jakharia Fabric'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.


Jakharia Fabric's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

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


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Jakharia Fabric 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.

Jakharia Fabric'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
=188.815/545.214
=0.35

Jakharia Fabric'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
=188.815/545.214
=0.35

* 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.


Jakharia Fabric  (NSE:JAKHARIA) 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%.


Jakharia Fabric Equity-to-Asset Related Terms

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


Jakharia Fabric Business Description

Traded in Other Exchanges
N/A
Address
MIDC Tarapur, Plot No A 13, Boisar, Palghar, MH, IND, 401506
Jakharia Fabric Ltd is engaged in the business of dyeing and processing of fabrics on a work basis for other textile companies as well as for its own manufacturing product lines. The Company is operating only in one segment which is the processing of textiles. Its product portfolio covers Polyester, Rayon fabrics, Modal fabrics, Blended poly yarn, Viscose fabrics, and others.

Jakharia Fabric Headlines

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