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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mangalam Alloys's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹1,578 Mil. Mangalam Alloys's Total Assets for the quarter that ended in Mar. 2026 was ₹5,336 Mil.
Therefore, Mangalam Alloys's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.30.
The historical rank and industry rank for Mangalam Alloys's Equity-to-Asset or its related term are showing as below:
NSE:MAL's Equity-to-Asset is not ranked *
in the Steel industry.
Industry Median: 0.54 * Ranked among companies with meaningful Equity-to-Asset only.
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%.
Mangalam Alloys Equity-to-Asset Related Terms
Mangalam Alloys Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Mangalam Alloys'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.
NSE:MAL vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Mangalam Alloys'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.
Mangalam Alloys Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Mangalam Alloys's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Mangalam Alloys's Equity-to-Asset falls into.
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.
Mangalam Alloys's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Mangalam Alloys (NSE:MAL) has a Equity-to-Asset of 0.30 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mangalam Alloys and its competitors.
Is Mangalam Alloys' Equity-to-Asset too high?
Mangalam Alloys' current Equity-to-Asset is 0.30. The Steel industry median Equity-to-Asset is 0.54. Mangalam Alloys' value of 0.30 is 44.4% below this industry median. Overall, Mangalam Alloys has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Mangalam Alloys' Equity-to-Asset compare to NUE and STLD?
Mangalam Alloys' Equity-to-Asset of 0.30 can be compared against companies in the Steel industry. The industry median Equity-to-Asset is 0.54. Mangalam Alloys' value of 0.30 is 44.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 632 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mangalam Alloys's current Equity-to-Asset of 0.30 is 44.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mangalam Alloys and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalam Alloys's current Equity-to-Asset is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Alloys stock overvalued right now?
Mangalam Alloys (NSE:MAL) has a current Equity-to-Asset of 0.30. The current Equity-to-Asset is 0.30 and 44.4% below the Steel industry median of 0.54. Mangalam Alloys' overall GF Score™ is 38/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Mangalam Alloys (NSE:MAL), the current Equity-to-Asset is 0.30 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Mangalam Alloys Ltd is engaged in the manufacturing and distribution of high-quality stainless steel products. It is a stainless steel melting unit. Its products include forging ingots, billets, black round bars, bright round bars, hexagonal and square bars, SS RCS, angle bars, fasteners, and others. It operates in one segment, stainless steel products.
38GF Score
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