GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Srivari Spices and Foods Ltd (NSE:SSFL) » Definitions » Equity-to-Asset

Srivari Spices and Foods (NSE:SSFL) Equity-to-Asset : 0.35 (As of Mar. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Srivari Spices and Foods Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Srivari Spices and Foods's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹91.0 Mil. Srivari Spices and Foods's Total Assets for the quarter that ended in Mar. 2023 was ₹256.8 Mil. Therefore, Srivari Spices and Foods's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.35.

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

NSE:SSFL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.47   Max: 0.68
Current: 0.35

During the past 3 years, the highest Equity to Asset Ratio of Srivari Spices and Foods was 0.68. The lowest was 0.35. And the median was 0.47.

NSE:SSFL's Equity-to-Asset is ranked worse than
75.3% of 1923 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs NSE:SSFL: 0.35

Srivari Spices and Foods Equity-to-Asset Historical Data

The historical data trend for Srivari Spices and Foods'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.

Srivari Spices and Foods Equity-to-Asset Chart

Srivari Spices and Foods Annual Data
Trend Mar21 Mar22 Mar23
Equity-to-Asset
0.68 0.47 0.35

Srivari Spices and Foods Semi-Annual Data
Mar21 Mar22 Mar23
Equity-to-Asset 0.68 0.47 0.35

Competitive Comparison of Srivari Spices and Foods's Equity-to-Asset

For the Packaged Foods subindustry, Srivari Spices and Foods'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.


Srivari Spices and Foods's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Srivari Spices and Foods's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Srivari Spices and Foods's Equity-to-Asset falls into.



Srivari Spices and Foods 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.

Srivari Spices and Foods's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=91.002/256.813
=0.35

Srivari Spices and Foods's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=91.002/256.813
=0.35

* 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.


Srivari Spices and Foods  (NSE:SSFL) 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%.


Srivari Spices and Foods Equity-to-Asset Related Terms

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


Srivari Spices and Foods (NSE:SSFL) Business Description

Traded in Other Exchanges
N/A
Address
207, Second Floor, RDB Blue Hope, 4-1-878, 876, 877 and 877/1, Abids, Hyderabad, TG, IND, 500001
Srivari Spices and Foods Ltd is engaged in the business of manufacturing spices and flour (chakki atta) and marketing and selling them in and around Telangana and Andhra Pradesh. The company handpicks its raw materials from various parts of the country and processes its products with utmost care without the use of artificial preservatives or chemicals, thereby creating a product portfolio of organic spices and flour, which carry the freshness and goodness of each ingredient.

Srivari Spices and Foods (NSE:SSFL) Headlines

No Headlines