Foce India (NSE:SMFOCE) Equity-to-Asset : 0.50 (As of Sep. 2023)

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What is Foce India Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Foce India's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹536.4 Mil. Foce India's Total Assets for the quarter that ended in Sep. 2023 was ₹1,078.9 Mil. Therefore, Foce India's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.50.

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

NSE:SMFOCE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28 Med: 0.56 Max: 0.79
Current: 0.5

During the past 5 years, the highest Equity to Asset Ratio of Foce India was 0.79. The lowest was 0.28. And the median was 0.56.

NSE:SMFOCE's Equity-to-Asset is ranked better than
60.34% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs NSE:SMFOCE: 0.50

Foce India Equity-to-Asset Historical Data

The historical data trend for Foce India'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.

Foce India Equity-to-Asset Chart

Foce India Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

0.50

0.79

0.28

0.75

0.56

Foce India Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.75	0.68	0.56	0.50

Competitive Comparison of Foce India's Equity-to-Asset

For the Luxury Goods subindustry, Foce India'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.

Foce India's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Foce India's Equity-to-Asset distribution charts can be found below:

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

Foce India 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.

Foce India'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
	=	484.635	/	864.601
	=	0.56

Foce India'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
	=	536.36	/	1078.938
	=	0.50

Foce India (NSE:SMFOCE) 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%.

Foce India Equity-to-Asset Related Terms

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

Foce India (NSE:SMFOCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Foce India Ltd (NSE:SMFOCE) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

4, Kingstone, Shastri Nagar, Lokhandwala Complex, Andheri (West), Mumbai, MH, IND, 400053

Website

https://foceindia.com

Foce India Ltd is engaged in the business of supply, distribution, and retailing of various types of wristwatches such as Analog, Digital, Chronograph, Designer and others. The company geographically operates within India.

Foce India (NSE:SMFOCE) Headlines

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