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Orbit Exports (NSE:ORBTEXP) Equity-to-Asset : 0.79 (As of Mar. 2024)


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What is Orbit Exports Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Orbit Exports's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,337 Mil. Orbit Exports's Total Assets for the quarter that ended in Mar. 2024 was ₹2,955 Mil. Therefore, Orbit Exports's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.79.

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

NSE:ORBTEXP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.75   Max: 0.79
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of Orbit Exports was 0.79. The lowest was 0.60. And the median was 0.75.

NSE:ORBTEXP's Equity-to-Asset is ranked better than
84.24% of 1079 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs NSE:ORBTEXP: 0.79

Orbit Exports Equity-to-Asset Historical Data

The historical data trend for Orbit Exports'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.

Orbit Exports Equity-to-Asset Chart

Orbit Exports 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 0.77 0.78 0.70 0.76 0.79

Orbit Exports Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 - 0.77 - 0.79

Competitive Comparison of Orbit Exports's Equity-to-Asset

For the Textile Manufacturing subindustry, Orbit Exports'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.


Orbit Exports's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Orbit Exports 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.

Orbit Exports'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
=2336.76/2955.284
=0.79

Orbit Exports'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
=2336.76/2955.284
=0.79

* 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.


Orbit Exports  (NSE:ORBTEXP) 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%.


Orbit Exports Equity-to-Asset Related Terms

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


Orbit Exports (NSE:ORBTEXP) Business Description

Traded in Other Exchanges
Address
Dinshaw Wachha Road, 122, 2nd Floor, Mistry Bhavan, Near K C College, Churchgate, Mumbai, MH, IND, 400 020
Orbit Exports Ltd is the manufacturer and exporter of fabrics. The company operates through two segments which include Manufacturing of textiles and Windmill Power Generation. Its products include Silky aspects, Fashion jacquards, and Christmas crafts. The Silky aspects products consist of Jacquard, Dupion, Silky charmeuse, and Taffeta. Its Fashion jacquard products include Sylvia and Monza jacquard, Olivia jacquard, New sherwani jacquard, Monochrome jacquard, Mercury jacquard, Impression jacquard, Glossy jacquard, Florence jacquard, Feather jacquard, and Bamboo. The company sells its products in India and also exports them to various other countries. It drives the majority of revenue from the sale of products and services.

Orbit Exports (NSE:ORBTEXP) Headlines

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