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Mohini Health & Hygiene (NSE:MHHL) Equity-to-Asset : 0.65 (As of Mar. 2023)


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What is Mohini Health & Hygiene Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mohini Health & Hygiene's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹897 Mil. Mohini Health & Hygiene's Total Assets for the quarter that ended in Mar. 2023 was ₹1,384 Mil. Therefore, Mohini Health & Hygiene's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.65.

The historical rank and industry rank for Mohini Health & Hygiene's Equity-to-Asset or its related term are showing as below:

NSE:MHHL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.53   Max: 0.65
Current: 0.65

During the past 7 years, the highest Equity to Asset Ratio of Mohini Health & Hygiene was 0.65. The lowest was 0.42. And the median was 0.53.

NSE:MHHL's Equity-to-Asset is ranked better than
68.23% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs NSE:MHHL: 0.65

Mohini Health & Hygiene Equity-to-Asset Historical Data

The historical data trend for Mohini Health & Hygiene'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.

Mohini Health & Hygiene Equity-to-Asset Chart

Mohini Health & Hygiene Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial 0.49 0.54 0.53 0.53 0.65

Mohini Health & Hygiene Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 0.52 0.53 0.63 0.65

Competitive Comparison of Mohini Health & Hygiene's Equity-to-Asset

For the Textile Manufacturing subindustry, Mohini Health & Hygiene'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.


Mohini Health & Hygiene's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Mohini Health & Hygiene's Equity-to-Asset falls into.



Mohini Health & Hygiene 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.

Mohini Health & Hygiene'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
=896.942/1384.051
=0.65

Mohini Health & Hygiene'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
=896.942/1384.051
=0.65

* 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.


Mohini Health & Hygiene  (NSE:MHHL) 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%.


Mohini Health & Hygiene Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Mohini Health & Hygiene's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Mohini Health & Hygiene (NSE:MHHL) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 109, Sector 3 Industrial Area, Pithampur, Dhar, MP, IND, 454774
Mohini Health & Hygiene Ltd is a manufacturer and exporter of cotton fibre and yarn. It manufactures absorbent cotton used for medical purposes. Some of its products include Surgical Bleached Absorbent Cotton, Cotton Balls, Zig Zag Cotton, Cotton Ear Buds, and Gamjee Rolls. The company generates revenue both from Domestic and International markets and generates a majority of its revenue from Exports.

Mohini Health & Hygiene (NSE:MHHL) Headlines

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