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Lorenzini Apparels (BOM:540952) Equity-to-Asset : 0.38 (As of Sep. 2023)


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What is Lorenzini Apparels Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lorenzini Apparels's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹180.2 Mil. Lorenzini Apparels's Total Assets for the quarter that ended in Sep. 2023 was ₹476.8 Mil. Therefore, Lorenzini Apparels's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.38.

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

BOM:540952' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.38   Max: 0.6
Current: 0.38

During the past 11 years, the highest Equity to Asset Ratio of Lorenzini Apparels was 0.60. The lowest was 0.08. And the median was 0.38.

BOM:540952's Equity-to-Asset is ranked worse than
69.18% of 1087 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs BOM:540952: 0.38

Lorenzini Apparels Equity-to-Asset Historical Data

The historical data trend for Lorenzini Apparels'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.

Lorenzini Apparels Equity-to-Asset Chart

Lorenzini Apparels 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 0.53 0.44 0.41 0.36 0.37

Lorenzini Apparels Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.35 0.36 0.42 0.37 0.38

Competitive Comparison of Lorenzini Apparels's Equity-to-Asset

For the Apparel Manufacturing subindustry, Lorenzini Apparels'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.


Lorenzini Apparels's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Lorenzini Apparels 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.

Lorenzini Apparels'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
=154.06/415.273
=0.37

Lorenzini Apparels's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=180.205/476.828
=0.38

* 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.


Lorenzini Apparels  (BOM:540952) 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%.


Lorenzini Apparels Equity-to-Asset Related Terms

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Lorenzini Apparels (BOM:540952) Business Description

Traded in Other Exchanges
Address
C-64, Okhla Industrial Area Phase - I, New Delhi, Delhi, IND, 110020
Lorenzini Apparels Ltd is engaged in the business of manufacturing, designing, and marketing ready-made garments in India. The company offers formal, semi-formal, and casual wear for men and women casual wear under the brand names Monteil and Munero Monteil, and Calgari. Its products include jeans, shirts, jackets, t-shirts, trousers, sweatshirts, sweaters, blazers, waistcoats, shorts, and capris. In addition, the company also outsources the garments manufacturing on a work basis from third-party contractors.

Lorenzini Apparels (BOM:540952) Headlines

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