GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pioneer Embroideries Ltd (NSE:PIONEEREMB) » Definitions » Equity-to-Asset

Pioneer Embroideries (NSE:PIONEEREMB) Equity-to-Asset : 0.44 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Pioneer Embroideries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pioneer Embroideries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,455 Mil. Pioneer Embroideries's Total Assets for the quarter that ended in Mar. 2024 was ₹3,322 Mil. Therefore, Pioneer Embroideries's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.44.

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

NSE:PIONEEREMB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.42   Max: 0.61
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of Pioneer Embroideries was 0.61. The lowest was 0.35. And the median was 0.42.

NSE:PIONEEREMB's Equity-to-Asset is ranked worse than
62.1% of 1087 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs NSE:PIONEEREMB: 0.44

Pioneer Embroideries Equity-to-Asset Historical Data

The historical data trend for Pioneer Embroideries'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.

Pioneer Embroideries Equity-to-Asset Chart

Pioneer Embroideries 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 0.50 0.58 0.61 0.44 0.44

Pioneer Embroideries 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 0.44 - 0.40 - 0.44

Competitive Comparison of Pioneer Embroideries's Equity-to-Asset

For the Textile Manufacturing subindustry, Pioneer Embroideries'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.


Pioneer Embroideries's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Pioneer Embroideries 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.

Pioneer Embroideries'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
=1455.42/3321.509
=0.44

Pioneer Embroideries'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
=1455.42/3321.509
=0.44

* 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.


Pioneer Embroideries  (NSE:PIONEEREMB) 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%.


Pioneer Embroideries Equity-to-Asset Related Terms

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


Pioneer Embroideries (NSE:PIONEEREMB) Business Description

Traded in Other Exchanges
Address
3-A Udyog Nagar, Off S. V. Road, 2nd Floor, Orient House, Unit No. 21 to 25, Goregaon (West), Mumbai, MH, IND, 400062
Pioneer Embroideries Ltd is a manufacturer and exporter of Dope Dyed Polyester Yarn (DDPY), Embroidery and Lace Products. It has only one operating segment being Textile. The company's products include Dope dyed polyester yarns; embroidered laces, including fabric and guipure, and embroidered dress material; braided laces; embroidered fabrics, allover fabrics, and laces, and crochet laces.

Pioneer Embroideries (NSE:PIONEEREMB) Headlines

No Headlines