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Sree Jayalakshmi Autospin (BOM:530037) Equity-to-Asset : 0.81 (As of Dec. 2023)


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What is Sree Jayalakshmi Autospin Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sree Jayalakshmi Autospin's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹14.05 Mil. Sree Jayalakshmi Autospin's Total Assets for the quarter that ended in Dec. 2023 was ₹17.28 Mil.

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

BOM:530037' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.98   Med: -0.38   Max: 0.81
Current: 0.81

During the past 13 years, the highest Equity to Asset Ratio of Sree Jayalakshmi Autospin was 0.81. The lowest was -1.98. And the median was -0.38.

BOM:530037's Equity-to-Asset is ranked better than
86.83% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs BOM:530037: 0.81

Sree Jayalakshmi Autospin Equity-to-Asset Historical Data

The historical data trend for Sree Jayalakshmi Autospin'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.

Sree Jayalakshmi Autospin Equity-to-Asset Chart

Sree Jayalakshmi Autospin Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 -0.38 -0.56 -1.61 -1.74

Sree Jayalakshmi Autospin Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 -1.74 -1.74 -1.74 -1.98 0.81

Competitive Comparison of Sree Jayalakshmi Autospin's Equity-to-Asset

For the Textile Manufacturing subindustry, Sree Jayalakshmi Autospin'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.


Sree Jayalakshmi Autospin's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Sree Jayalakshmi Autospin's Equity-to-Asset falls into.



Sree Jayalakshmi Autospin 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.

Sree Jayalakshmi Autospin'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
=-18.411/10.585
=

Sree Jayalakshmi Autospin's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=14.053/17.278
=

* 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.


Sree Jayalakshmi Autospin  (BOM:530037) 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%.


Sree Jayalakshmi Autospin Equity-to-Asset Related Terms

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Sree Jayalakshmi Autospin (BOM:530037) Business Description

Traded in Other Exchanges
N/A
Address
Sanjana Davangere Road, Chitradurga, KA, IND, 577501
Sree Jayalakshmi Autospin Ltd is an India-based company engaged in the business of Cotton Trading, and Cotton Seeds. The main activities of the company are Ginning and Cotton Trading. Company has three segments Cotton Yarns, Cotton Lint, Others. The cotton is purchased from farmers from APMC yards and sold to spinning mills in South India and cotton seeds are sold to oil units in Karnataka and other states.

Sree Jayalakshmi Autospin (BOM:530037) Headlines

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