Magson Retail and Distribution (NSE:MAGSON) Equity-to-Asset : 0.71 (As of Sep. 2023)

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What is Magson Retail and Distribution Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Magson Retail and Distribution's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹229.8 Mil. Magson Retail and Distribution's Total Assets for the quarter that ended in Sep. 2023 was ₹324.1 Mil. Therefore, Magson Retail and Distribution's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.71.

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

NSE:MAGSON' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.42 Max: 0.71
Current: 0.71

During the past 3 years, the highest Equity to Asset Ratio of Magson Retail and Distribution was 0.71. The lowest was 0.27. And the median was 0.42.

NSE:MAGSON's Equity-to-Asset is ranked better than
83.92% of 311 companies
in the Retail - Defensive industry
Industry Median: 0.4 vs NSE:MAGSON: 0.71

Magson Retail and Distribution Equity-to-Asset Historical Data

The historical data trend for Magson Retail and Distribution'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.

Magson Retail and Distribution Equity-to-Asset Chart

Magson Retail and Distribution Annual Data

Trend

Mar21

Mar22

Mar23

Equity-to-Asset

0.27

0.38

0.46

Magson Retail and Distribution Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	0.27	0.38	-	0.46	0.71

Competitive Comparison of Magson Retail and Distribution's Equity-to-Asset

For the Grocery Stores subindustry, Magson Retail and Distribution'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.

Magson Retail and Distribution's Equity-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Magson Retail and Distribution's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Magson Retail and Distribution's Equity-to-Asset falls into.

Magson Retail and Distribution 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.

Magson Retail and Distribution'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
	=	92.626	/	199.987
	=	0.46

Magson Retail and Distribution'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
	=	229.826	/	324.125
	=	0.71

Magson Retail and Distribution (NSE:MAGSON) 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%.

Magson Retail and Distribution Equity-to-Asset Related Terms

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

Magson Retail and Distribution (NSE:MAGSON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Magson Retail and Distribution Ltd (NSE:MAGSON) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Judges Bungalows Cross Roads, 204-B, Primate Complex, Opposite Mother Milk Palace, Bodakdev, Ahmedabad, GJ, IND, 380015

Website

https://www.magson.in

Magson Retail and Distribution Ltd is engaged in the retail and Distribution business of gourmet, frozen food, and specialty foods. The company operates retail stores through and own stores, jointly owned stores, and a franchise model under its brand name 'MagSon'. In addition, the company has a separate chocolate store that is operated under the brand name 'My Chocolate World'.

Magson Retail and Distribution (NSE:MAGSON) Headlines

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