Credo Brands Marketing (NSE:MUFTI) Equity-to-Asset : 0.48 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Credo Brands Marketing Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Credo Brands Marketing's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,417 Mil. Credo Brands Marketing's Total Assets for the quarter that ended in Mar. 2024 was ₹7,099 Mil. Therefore, Credo Brands Marketing's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.48.

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

NSE:MUFTI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.49 Max: 0.5
Current: 0.48

During the past 4 years, the highest Equity to Asset Ratio of Credo Brands Marketing was 0.50. The lowest was 0.46. And the median was 0.49.

NSE:MUFTI's Equity-to-Asset is ranked better than
56.42% of 1122 companies
in the Retail - Cyclical industry
Industry Median: 0.45 vs NSE:MUFTI: 0.48

Credo Brands Marketing Equity-to-Asset Historical Data

The historical data trend for Credo Brands Marketing'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.

Credo Brands Marketing Equity-to-Asset Chart

Credo Brands Marketing Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.46

0.50

0.49

0.48

Credo Brands Marketing Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Equity-to-Asset	0.46	0.50	0.49	0.48

Competitive Comparison of Credo Brands Marketing's Equity-to-Asset

For the Apparel Retail subindustry, Credo Brands Marketing'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.

Credo Brands Marketing's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Credo Brands Marketing's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Credo Brands Marketing's Equity-to-Asset falls into.

Credo Brands Marketing 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.

Credo Brands Marketing'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
	=	3416.69	/	7099.02
	=	0.48

Credo Brands Marketing'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
	=	3416.69	/	7099.02
	=	0.48

Credo Brands Marketing (NSE:MUFTI) 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%.

Credo Brands Marketing Equity-to-Asset Related Terms

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

Credo Brands Marketing (NSE:MUFTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Credo Brands Marketing Ltd (NSE:MUFTI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

544058:India

Address

B-8, MIDC Central Road, Marol, Next to MIDC Police Station, Andheri East, Mumbai, MH, IND, 400093

Website

https://www.credobrands.in

Credo Brands Marketing Ltd is a homegrown brand in the mid-premium and premium men's casual wear market in India. The product offerings range from shirts to t-shirts to jeans to chinos, which cater to all year-round clothing. The Company is primarily engaged in the business of retailing of Men's casual wear under its Brand MUFTI. The company generates the majority of its revenue from the sale of its products.

Credo Brands Marketing (NSE:MUFTI) Headlines

No Headlines