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Jyoti CNC Automation (NSE:JYOTICNC) Equity-to-Asset : 0.63 (As of Mar. 2024)


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What is Jyoti CNC Automation Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jyoti CNC Automation's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹13,646 Mil. Jyoti CNC Automation's Total Assets for the quarter that ended in Mar. 2024 was ₹21,783 Mil. Therefore, Jyoti CNC Automation's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.63.

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

NSE:JYOTICNC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.07   Max: 0.63
Current: 0.63

During the past 4 years, the highest Equity to Asset Ratio of Jyoti CNC Automation was 0.63. The lowest was 0.03. And the median was 0.07.

NSE:JYOTICNC's Equity-to-Asset is ranked better than
62.14% of 3035 companies
in the Industrial Products industry
Industry Median: 0.56 vs NSE:JYOTICNC: 0.63

Jyoti CNC Automation Equity-to-Asset Historical Data

The historical data trend for Jyoti CNC Automation'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.

Jyoti CNC Automation Equity-to-Asset Chart

Jyoti CNC Automation Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
0.08 0.03 0.05 0.63

Jyoti CNC Automation Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
Equity-to-Asset 0.08 0.03 0.05 0.15 0.63

Competitive Comparison of Jyoti CNC Automation's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Jyoti CNC Automation'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.

Jyoti CNC Automation's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jyoti CNC Automation's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jyoti CNC Automation's Equity-to-Asset falls into.


Jyoti CNC Automation 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.

Jyoti CNC Automation'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
=13646.26/21783.45
=0.63

Jyoti CNC Automation'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
=13646.26/21783.45
=0.63

* 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.

Jyoti CNC Automation  (NSE:JYOTICNC) 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%.

Jyoti CNC Automation Equity-to-Asset Related Terms

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Jyoti CNC Automation (NSE:JYOTICNC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jyoti CNC Automation Ltd (NSE:JYOTICNC) » Definitions » Equity-to-Asset
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544081:India
Address
Website
Jyoti CNC Automation Ltd is a manufacturers of CNC machines. It is a manufacturer of simultaneous 5-Axis CNC machines and has a diverse portfolios of CNC machines including CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers (VMCs), CNC Horizontal Machining Centers (HMCs), simultaneous 3-Axis CNC machining Centers, simultaneous 5-Axis CNC machining Centers and multi-tasking machines.

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