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Kalahridhaan Trendz (NSE:KTL) Equity-to-Asset : 0.21 (As of Sep. 2023)


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What is Kalahridhaan Trendz Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kalahridhaan Trendz's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹229.1 Mil. Kalahridhaan Trendz's Total Assets for the quarter that ended in Sep. 2023 was ₹1,097.9 Mil. Therefore, Kalahridhaan Trendz's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.21.

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

NSE:KTL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.16   Max: 0.21
Current: 0.21

During the past 3 years, the highest Equity to Asset Ratio of Kalahridhaan Trendz was 0.21. The lowest was 0.11. And the median was 0.16.

NSE:KTL's Equity-to-Asset is ranked worse than
87.17% of 1076 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.53 vs NSE:KTL: 0.21

Kalahridhaan Trendz Equity-to-Asset Historical Data

The historical data trend for Kalahridhaan Trendz'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.

Kalahridhaan Trendz Equity-to-Asset Chart

Kalahridhaan Trendz Annual Data
Trend Mar21 Mar22 Mar23
Equity-to-Asset
0.15 0.11 0.17

Kalahridhaan Trendz Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Equity-to-Asset 0.15 0.11 0.17 0.21

Competitive Comparison of Kalahridhaan Trendz's Equity-to-Asset

For the Textile Manufacturing subindustry, Kalahridhaan Trendz'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.


Kalahridhaan Trendz's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Kalahridhaan Trendz 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.

Kalahridhaan Trendz's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=181.223/1096.255
=0.17

Kalahridhaan Trendz's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=229.094/1097.93
=0.21

* 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.


Kalahridhaan Trendz  (NSE:KTL) 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%.


Kalahridhaan Trendz Equity-to-Asset Related Terms

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Kalahridhaan Trendz Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Near Narol Cross Road, 57, Ashra Industrial Estate, Behind Mahalaxmi Fabrics, Narol, Ahmedabad, GJ, IND, 382405
Kalahridhaan Trendz Ltd is engaged mainly in the business of manufacturing and trading of Fabric with embroidery works, Trading of grey cloths, purchase of grey cloth and printing and dyeing for preparing suiting, shirting and dress materials for sale in the B2B market only. It is preparing the suiting, shirting & dress material products and focuses on the wholesale market. It is the first stage wholesalers, that directly supply the material to the wholesalers.

Kalahridhaan Trendz Headlines

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