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Speb AdhesivesNSE:SPEB 22 Equity-to-Asset is 0.96 as of Mar. 2026, which is 2% above its 10-year median of 0.94. GuruFocus rates NSE:SPEB with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 1,615 Chemicals companies, Speb Adhesives ranks better than 99.2% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Speb Adhesives's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹557.5 Mil. Speb Adhesives's Total Assets for the quarter that ended in Mar. 2026 was ₹579.7 Mil.
Therefore, Speb Adhesives's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.96.
The historical rank and industry rank for Speb Adhesives's Equity-to-Asset or its related term are showing as below:
NSE:SPEB'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.93 Med: 0.94 Max: 0.98
Current: 0.96
During the past 5 years, the highest Equity to Asset Ratio of Speb Adhesives was 0.98. The lowest was 0.93. And the median was 0.94.
NSE:SPEB's Equity-to-Asset is ranked better than 99.2% of 1615
companies
in the Chemicals industry
Industry Median: 0.6
vs NSE:SPEB: 0.96
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%.
Speb Adhesives Equity-to-Asset Related Terms
Speb Adhesives Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Speb Adhesives'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.
NSE:SPEB vs LIN, SHW, ECL: Equity-to-Asset Comparison
For the Specialty Chemicals subindustry, Speb Adhesives'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.
Speb Adhesives Equity-to-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Speb Adhesives's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Speb Adhesives's Equity-to-Asset falls into.
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.
Speb Adhesives's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Speb Adhesives (NSE:SPEB) has a Equity-to-Asset of 0.96 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Speb Adhesives and its competitors. This is near median its historical median of 0.94. Over the past decade, Speb Adhesives' Equity-to-Asset has ranged from 0.93 to 0.98. According to the industry distribution chart, Speb Adhesives ranks #13 out of 1615 companies in the Chemicals industry, placing it in the top 0.8%.
Is Speb Adhesives' Equity-to-Asset too high?
Speb Adhesives' current Equity-to-Asset of 0.96 is near median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 0.98. The Chemicals industry median Equity-to-Asset is 0.60. Speb Adhesives' value of 0.96 is 60% above this industry median. Based on the distribution chart, Speb Adhesives ranks #13 out of 1615 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Speb Adhesives has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Speb Adhesives' Equity-to-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Speb Adhesives ranks #13 out of 1615 companies for Equity-to-Asset. This places Speb Adhesives in the top 1% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.60. Speb Adhesives' value of 0.96 is 60% above this benchmark. Historically, Speb Adhesives' own Equity-to-Asset has ranged from 0.93 to 0.98 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 0.60, Speb Adhesives has consistently been above the industry average. 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 Chemicals company?
The median Equity-to-Asset among Chemicals companies is 0.60, based on 1,615 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. Speb Adhesives's current Equity-to-Asset of 0.96 is 60% 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 Speb Adhesives and its competitors. For the Chemicals industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speb Adhesives's current Equity-to-Asset is 0.96, which is near median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speb Adhesives stock overvalued right now?
Speb Adhesives (NSE:SPEB) has a current Equity-to-Asset of 0.96. The current Equity-to-Asset is 0.96, which is near median its 10-year median of 0.94 and 60% above the Chemicals industry median of 0.60. Speb Adhesives' overall GF Score™ is 22/100 with 4 warning signs to review. 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 Speb Adhesives (NSE:SPEB), the current Equity-to-Asset is 0.96 as of Mar. 2026. 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.
Speb Adhesives Ltd is engaged in the manufacturing of solvent-based synthetic rubber adhesives and offers water-based adhesives. The company focuses on in-house manufacturing of solvent-based adhesives, with water-based adhesives being produced on a contractual manufacturing basis. Its product portfolio includes various products customized for industrial and retail applications, such as multi-purpose adhesives, spray-grade adhesives, premium bonding adhesives, Ducting and Insulation adhesives, woodworking adhesives, footwear-grade adhesives, and adhesives used in Generator Sets. The company operates a B2B model through three business channels: dealer-distribution network, industrial sales, and government supply contracts. It generates the majority of its revenue from overseas markets.
22GF Score
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