Paramount Textile (DHA:PTL) Equity-to-Asset

: 0.23 (As of Jun. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Paramount Textile's Total Stockholders Equity for the quarter that ended in Jun. 2023 was BDT5,878 Mil. Paramount Textile's Total Assets for the quarter that ended in Jun. 2023 was BDT25,736 Mil. Therefore, Paramount Textile's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.23.

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

DHA:PTL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23 Med: 0.39 Max: 0.59
Current: 0.23

During the past 10 years, the highest Equity to Asset Ratio of Paramount Textile was 0.59. The lowest was 0.23. And the median was 0.39.

DHA:PTL's Equity-to-Asset is ranked worse than
84.53% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs DHA:PTL: 0.23

Paramount Textile Equity-to-Asset Historical Data

The historical data trend for Paramount Textile'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.

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Paramount Textile Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.36

0.40

0.39

0.28

0.23

Paramount Textile Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Equity-to-Asset	Get a 7-Day Free Trial															0.28	0.23	0.24	0.24	0.23

Competitive Comparison

For the Textile Manufacturing subindustry, Paramount Textile'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.

Paramount Textile Equity-to-Asset Distribution

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

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

Paramount Textile 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.

Paramount Textile's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	5877.753	/	25736.034
	=	0.23

Paramount Textile's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	5877.753	/	25736.034
	=	0.23

Paramount Textile (DHA:PTL) 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%.

Paramount Textile Equity-to-Asset Related Terms

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

Paramount Textile (DHA:PTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Paramount Textile PLC (DHA:PTL) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

Road No. 113/A, House No.22, (Level 2, 5-7), Gulshan 2, Dhaka, BGD, 1212

Website

https://www.paramounttextilebd.com

Paramount Textile PLC Formerly Paramount Textile Ltd is engaged in manufacturing woven fabric. The firm produces and markets yarn, solid dyed, woven fabrics, and printed fabrics in diverse shades, quality, construction, recipes, colours among others across countries. Besides, the company also produces Knit yarn dyeing, Sweater yarn dyeing, and printing fabrics as well. Majority of the revenue is generated from Yarn dyed fabrics.

Paramount Textile (DHA:PTL) Headlines

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