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Excellent Wires and Packaging (NSE:EXCELLENT) Liabilities-to-Assets : 0.08 (As of Sep. 2024)


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What is Excellent Wires and Packaging 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. Excellent Wires and Packaging's Total Liabilities for the quarter that ended in Sep. 2024 was ₹14.7 Mil. Excellent Wires and Packaging's Total Assets for the quarter that ended in Sep. 2024 was ₹192.8 Mil. Therefore, Excellent Wires and Packaging's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.08.


Excellent Wires and Packaging Liabilities-to-Assets Historical Data

The historical data trend for Excellent Wires and Packaging'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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Excellent Wires and Packaging Liabilities-to-Assets Chart

Excellent Wires and Packaging Annual Data
Trend Mar22 Mar23 Mar24
Liabilities-to-Assets
0.97 0.95 0.44

Excellent Wires and Packaging Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24
Liabilities-to-Assets 0.97 0.95 - 0.44 0.08

Competitive Comparison of Excellent Wires and Packaging's Liabilities-to-Assets

For the Electrical Equipment & Parts subindustry, Excellent Wires and Packaging'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.


Excellent Wires and Packaging's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Excellent Wires and Packaging's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Excellent Wires and Packaging's Liabilities-to-Assets falls into.


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Excellent Wires and Packaging 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.

Excellent Wires and Packaging'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
=30.799/70.508
=0.44

Excellent Wires and Packaging'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
=14.684/192.772
=0.08

* 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.


Excellent Wires and Packaging  (NSE:EXCELLENT) 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.


Excellent Wires and Packaging Liabilities-to-Assets Related Terms

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Excellent Wires and Packaging Business Description

Traded in Other Exchanges
N/A
Address
Jay Chamundeshwari Industrial Complex, Unit No. 12,13,113 Building 2 S. No. 54, Naikpada, Palghar, Vasai, MH, IND, 401208
Excellent Wires and Packaging Ltd is a manufacturer and exporter of various types of wires, such as Spring Steel Wire, High Carbon Wire, Galvanised Wire or GI Wire, Round Stitching Wire, Flat Stitching Wire, Mild Steel (M.S.) & Low Carbon Wire, H.B. & H.H.B. Wire, Annealed Wire, Brass Wire, Copper Wire, Stainless Steel Wire, Spiral Wires, Binding Wires, Bailing Wires and all types & sizes of Wire Ropes made of high carbon or SS Wire With or without PVC Coating for multiple applications under the brand name of Excellent. It also manufactures packaging products like PP Strapping Rolls and BOPP Self Adhesive Tapes under the brand name of Excellent. The company supplies its products to various industries viz. Packaging, Engineering, Stationery, Imitation Jewellry, Wires & Cable, etc.

Excellent Wires and Packaging Headlines

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