Milton Industries (NSE:MILTON) Equity-to-Asset: 0.63 (As of Mar. 2024)

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NSE:MILTON Milton Industries Ltd NSE:MILTON
4 GF Score
Price ₹36.20
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What is Milton Industries Equity-to-Asset?

Milton Industries NSE:MILTON 4 Equity-to-Asset is 0.63 as of Mar. 2024. GuruFocus rates NSE:MILTON with a GF Score™ of 4/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Milton Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹462.5 Mil. Milton Industries's Total Assets for the quarter that ended in Mar. 2024 was ₹731.5 Mil. Therefore, Milton Industries's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.63.

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

NSE:MILTON's Equity-to-Asset is not ranked *
in the Forest Products industry.
Industry Median: 0.54
* Ranked among companies with meaningful Equity-to-Asset only.

Milton Industries  (NSE:MILTON) 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%.


Milton Industries Equity-to-Asset Related Terms


Milton Industries Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Milton Industries'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.

Milton Industries Equity-to-Asset Chart

Milton Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.57 0.65 0.58 0.63

Milton Industries Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.57 0.65 0.58 0.63

NSE:MILTON vs SSD, UFPI, BCC: Equity-to-Asset Comparison

For the Lumber & Wood Production subindustry, Milton Industries'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.


Milton Industries Equity-to-Asset vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Milton Industries's Equity-to-Asset distribution charts can be found below:

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


NSE:MILTON
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Milton Industries Ltd NSE:MILTON
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Milton Industries 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.

Milton Industries's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=462.488/731.456
=0.63

Milton Industries's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=462.488/731.456
=0.63

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.63 mean?
Milton Industries (NSE:MILTON) has a Equity-to-Asset of 0.63 as of Mar. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Milton Industries and its competitors.
Is Milton Industries' Equity-to-Asset too high?
Milton Industries' current Equity-to-Asset is 0.63. The Forest Products industry median Equity-to-Asset is 0.54. Milton Industries' value of 0.63 is 16.7% above this industry median. Overall, Milton Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Milton Industries' Equity-to-Asset compare to SSD and UFPI?
Milton Industries' Equity-to-Asset of 0.63 can be compared against companies in the Forest Products industry. The industry median Equity-to-Asset is 0.54. Milton Industries' value of 0.63 is 16.7% above 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 Forest Products company?
The median Equity-to-Asset among Forest Products companies is 0.54, based on 284 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. Milton Industries's current Equity-to-Asset of 0.63 is 16.7% above 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 Milton Industries and its competitors. For the Forest Products 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. Milton Industries's current Equity-to-Asset is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Milton Industries stock overvalued right now?
Milton Industries (NSE:MILTON) has a current Equity-to-Asset of 0.63. The current Equity-to-Asset is 0.63 and 16.7% above the Forest Products industry median of 0.54. Milton Industries' overall GF Score™ is 4/100. 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 Milton Industries (NSE:MILTON), the current Equity-to-Asset is 0.63 as of Mar. 2024. 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.

Milton Industries Business Description

Address Ashram Road, 1/2, Chitra-Ami Appartment, Opposite La Gajjar Chamber, Ahmedabad, GJ, IND, 380009
Milton Industries Ltd is engaged in the manufacturing of laminated sheets and other allied products. The firm produces artificial leather cloth and glass fiber reinforced epoxy (GFRE) sheets. It also manufactures, exports high-pressure laminates, industrial laminates, laminated boards, flooring laminates, artificial leather cloth, and other products. The business operates in three segments: Laminate, Rexine, and GFRE, of which the majority of the revenue comes from the GFRE division. The company's products are applicable on walls, doors, windows, cupboards, tabletops, hotels, cash counters and home kitchens. The majority of the revenue comes from the Indian market.
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₹36.20
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