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Rudra Gas Enterprise (BOM:544121) Liabilities-to-Assets : 0.55 (As of Sep. 2024)


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What is Rudra Gas Enterprise Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Rudra Gas Enterprise's Total Liabilities for the quarter that ended in Sep. 2024 was ₹343.1 Mil. Rudra Gas Enterprise's Total Assets for the quarter that ended in Sep. 2024 was ₹628.8 Mil. Therefore, Rudra Gas Enterprise's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.55.


Rudra Gas Enterprise Liabilities-to-Assets Historical Data

The historical data trend for Rudra Gas Enterprise's Liabilities-to-Assets 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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Rudra Gas Enterprise Liabilities-to-Assets Chart

Rudra Gas Enterprise Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
0.86 0.84 0.76 0.55

Rudra Gas Enterprise Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Liabilities-to-Assets Get a 7-Day Free Trial 0.84 0.76 - 0.55 0.55

Competitive Comparison of Rudra Gas Enterprise's Liabilities-to-Assets

For the Engineering & Construction subindustry, Rudra Gas Enterprise's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Rudra Gas Enterprise's Liabilities-to-Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rudra Gas Enterprise's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Rudra Gas Enterprise's Liabilities-to-Assets falls into.


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Rudra Gas Enterprise Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Rudra Gas Enterprise's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=314.983/576.819
=0.55

Rudra Gas Enterprise's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=343.122/628.84
=0.55

* 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.


Rudra Gas Enterprise  (BOM:544121) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Rudra Gas Enterprise Liabilities-to-Assets Related Terms

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Rudra Gas Enterprise Business Description

Traded in Other Exchanges
N/A
Address
Science City Road, B-702, The Capital Building, Opposite Hetarth Party Plot, Sola, Ahmedabad, GJ, IND, 380060
Rudra Gas Enterprise Ltd is engaged in various facets of the infrastructure sector. It is mainly engaged in gas distribution network projects, fiber cable networks, and renting of construction machinery and vehicles, and provides end-to-end solutions for the city gas distribution sector. City gas distribution business comprises of laying of pipelines for the distribution of the city gas network and construction of associated facilities like CNG (Compressed Natural Gas) stations, erection, installation, testing, and commissioning of the underground pipelines, maintenance, and repair facilities and cater domestic household use; commercial use such as manufacturing industry, power generation, hotels, hospitals, restaurant and offices; and transport sector use in vehicles.

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