SPP Polymer (NSE:SPPPOLY) Equity-to-Asset : 0.36 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is SPP Polymer Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SPP Polymer's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹253.3 Mil. SPP Polymer's Total Assets for the quarter that ended in Mar. 2024 was ₹709.2 Mil. Therefore, SPP Polymer's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.36.

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

NSE:SPPPOLY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36 Med: 0.48 Max: 0.62
Current: 0.36

During the past 4 years, the highest Equity to Asset Ratio of SPP Polymer was 0.62. The lowest was 0.36. And the median was 0.48.

NSE:SPPPOLY's Equity-to-Asset is ranked worse than
79.75% of 405 companies
in the Packaging & Containers industry
Industry Median: 0.54 vs NSE:SPPPOLY: 0.36

SPP Polymer Equity-to-Asset Historical Data

The historical data trend for SPP Polymer'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.

SPP Polymer Equity-to-Asset Chart

SPP Polymer Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.62

0.52

0.45

0.36

SPP Polymer Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Equity-to-Asset	0.62	0.52	0.45	0.36

Competitive Comparison of SPP Polymer's Equity-to-Asset

For the Packaging & Containers subindustry, SPP Polymer'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.

SPP Polymer's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, SPP Polymer's Equity-to-Asset distribution charts can be found below:

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

SPP Polymer 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.

SPP Polymer'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
	=	253.304	/	709.189
	=	0.36

SPP Polymer'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
	=	253.304	/	709.189
	=	0.36

SPP Polymer (NSE:SPPPOLY) 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%.

SPP Polymer Equity-to-Asset Related Terms

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

SPP Polymer Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » SPP Polymer Ltd (NSE:SPPPOLY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No-04, Sector-01, IIE, SIIDCUL, Pantnagar, Udhamsingh Nagar, Rudrapur, UT, IND, 263153

Website

https://www.spppolymer.com

SPP Polymer Ltd is engaged in the business of manufacturing of HDPE/PP woven fabric & bags, non-woven fabrics & bags and PP Multifilament yarn. It offers packaging solutions to business-to-business (B2B) manufacturers catering to different industries such as cement, chemicals, food grains, sugars, polymers, agriculture, and others for the packaging of goods in big quantities.

SPP Polymer Headlines

No Headlines