Marco Cables and Conductors (NSE:MARCO) Equity-to-Asset : 0.22 (As of Mar. 2023)

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What is Marco Cables and Conductors Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Marco Cables and Conductors's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹156.1 Mil. Marco Cables and Conductors's Total Assets for the quarter that ended in Mar. 2023 was ₹699.3 Mil. Therefore, Marco Cables and Conductors's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.22.

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

NSE:MARCO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.16 Max: 0.22
Current: 0.22

During the past 3 years, the highest Equity to Asset Ratio of Marco Cables and Conductors was 0.22. The lowest was 0.16. And the median was 0.16.

NSE:MARCO's Equity-to-Asset is ranked worse than
92% of 3025 companies
in the Industrial Products industry
Industry Median: 0.56 vs NSE:MARCO: 0.22

Marco Cables and Conductors Equity-to-Asset Historical Data

The historical data trend for Marco Cables and Conductors'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.

Marco Cables and Conductors Equity-to-Asset Chart

Marco Cables and Conductors Annual Data

Trend

Mar21

Mar22

Mar23

Equity-to-Asset

0.16

0.22

Marco Cables and Conductors Semi-Annual Data
	Mar21	Mar22	Mar23
Equity-to-Asset	0.16	0.16	0.22

Competitive Comparison of Marco Cables and Conductors's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Marco Cables and Conductors'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.

Marco Cables and Conductors's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Marco Cables and Conductors's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Marco Cables and Conductors's Equity-to-Asset falls into.

Marco Cables and Conductors 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.

Marco Cables and Conductors'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
	=	156.086	/	699.344
	=	0.22

Marco Cables and Conductors's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	156.086	/	699.344
	=	0.22

Marco Cables and Conductors (NSE:MARCO) 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%.

Marco Cables and Conductors Equity-to-Asset Related Terms

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

Marco Cables and Conductors (NSE:MARCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Marco Cables and Conductors Ltd (NSE:MARCO) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

Main Road, Shop No 100, Opposite Bhai Gangaram Market, Ulhasnagar, Thane, MH, IND, 421005

Website

https://www.marcocables.com

Marco Cables and Conductors Ltd is engaged in the business of manufacturing and selling wires, cables wires and conductors in India. It commenced its operations with the manufacturing of wires (with aluminium/copper conductor), LT XLPE cables, LT PVC cables, and LT Aerial Bunched Cables, including AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors.

Marco Cables and Conductors (NSE:MARCO) Headlines

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