Opal Luxury Time Products (NSE:OPAL) Equity-to-Asset: 0.69 (As of Mar. 2015)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Opal Luxury Time Products Equity-to-Asset?

Opal Luxury Time Products NSE:OPAL Equity-to-Asset is 0.69 as of Mar. 2015.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Opal Luxury Time Products's Total Stockholders Equity for the quarter that ended in Mar. 2015 was ₹286.5 Mil. Opal Luxury Time Products's Total Assets for the quarter that ended in Mar. 2015 was ₹412.7 Mil. Therefore, Opal Luxury Time Products's Equity to Asset Ratio for the quarter that ended in Mar. 2015 was 0.69.

The historical rank and industry rank for Opal Luxury Time Products's Equity-to-Asset or its related term are showing as below:

NSE:OPAL's Equity-to-Asset is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 0.57
* Ranked among companies with meaningful Equity-to-Asset only.

Opal Luxury Time Products  (NSE:OPAL) 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%.


Opal Luxury Time Products Equity-to-Asset Related Terms


Opal Luxury Time Products Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Opal Luxury Time Products'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.

Opal Luxury Time Products Equity-to-Asset Chart

Opal Luxury Time Products Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Equity-to-Asset
Get a 7-Day Free Trial 0.38 0.49 0.55 0.71 0.69

Opal Luxury Time Products Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Equity-to-Asset Get a 7-Day Free Trial 0.38 0.49 0.55 0.71 0.69

NSE:OPAL vs FBHS, WHR, MHK: Equity-to-Asset Comparison

For the Furnishings, Fixtures & Appliances subindustry, Opal Luxury Time Products'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.


Opal Luxury Time Products Equity-to-Asset vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Opal Luxury Time Products's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Opal Luxury Time Products's Equity-to-Asset falls into.



Opal Luxury Time Products 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.

Opal Luxury Time Products's Equity to Asset Ratio for the fiscal year that ended in Mar. 2015 is calculated as

Equity to Asset (A: Mar. 2015 )=Total Stockholders Equity/Total Assets
=286.457/412.662
=0.69

Opal Luxury Time Products's Equity to Asset Ratio for the quarter that ended in Mar. 2015 is calculated as

Equity to Asset (Q: Mar. 2015 )=Total Stockholders Equity/Total Assets
=286.457/412.662
=0.69

* 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 0.69 mean?
Opal Luxury Time Products (NSE:OPAL) has a Equity-to-Asset of 0.69 as of Mar. 2015. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Opal Luxury Time Products and its competitors.
Is Opal Luxury Time Products' Equity-to-Asset too high?
Opal Luxury Time Products' current Equity-to-Asset is 0.69. The Furnishings, Fixtures & Appliances industry median Equity-to-Asset is 0.57. Opal Luxury Time Products' value of 0.69 is 21.1% above this industry median.
How does Opal Luxury Time Products' Equity-to-Asset compare to FBHS and WHR?
Opal Luxury Time Products' Equity-to-Asset of 0.69 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Equity-to-Asset is 0.57. Opal Luxury Time Products' value of 0.69 is 21.1% 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 Furnishings, Fixtures & Appliances company?
The median Equity-to-Asset among Furnishings, Fixtures & Appliances companies is 0.57, based on 432 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. Opal Luxury Time Products's current Equity-to-Asset of 0.69 is 21.1% 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 Opal Luxury Time Products and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opal Luxury Time Products's current Equity-to-Asset is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opal Luxury Time Products stock overvalued right now?
Opal Luxury Time Products (NSE:OPAL) has a current Equity-to-Asset of 0.69. The current Equity-to-Asset is 0.69 and 21.1% above the Furnishings, Fixtures & Appliances industry median of 0.57. 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 Opal Luxury Time Products (NSE:OPAL), the current Equity-to-Asset is 0.69 as of Mar. 2015. 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.

Opal Luxury Time Products Business Description

Address Senapati Bapat Road, Shree Ganesh, Plot No. 31, 1st Floor, Shivaji Housing Society, Behind ICC Tower, Pune, MH, IND, 411016
Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products and designs, manufactures, assembles, markets in India and offers watches, wall and table clocks, and allied products and accessories. The firm markets its products through a network of distributors, dealers, home decor stores, furniture stores, crockery dealers, and organized retailers under the Opal brand. The company operates 333 counters and 11 online shopping portals in India. The firm offers a diverse product mix which varies with the following parameters: Price Range, Mould-component-make (wood, metal, acrylic, glass, etc.) and Styles (statue, table, digital, and contemporary). It also offers its products through opalclocks.com, an online shopping portal.