Newever Trade Wings (BOM:536644) Total Equity: ₹239.3 Mil (As of Sep. 2017)

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What is Newever Trade Wings Total Equity?

Newever Trade Wings BOM:536644 Total Equity is ₹239.3 Mil as of Sep. 2017.

Newever Trade Wings's total equity for the quarter that ended in Sep. 2017 was ₹239.3 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Newever Trade Wings Total Equity Historical Data

* Premium members only.

The historical data trend for Newever Trade Wings's Total Equity 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.

Newever Trade Wings Total Equity Chart

Newever Trade Wings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17
Total Equity
176.64 239.19 239.72 240.24 240.36

Newever Trade Wings Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17
Total Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 239.84 240.24 240.49 240.36 239.31

Newever Trade Wings Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Newever Trade Wings's Total Equity for the fiscal year that ended in Mar. 2017 is calculated as

Total Equity=Total Assets(Q: Mar. 2017 )-Total Liabilities(Q: Mar. 2017 )
=1146.422-906.065
=240.4

Newever Trade Wings's Total Equity for the quarter that ended in Sep. 2017 is calculated as

Total Equity=Total Assets(Q: Sep. 2017 )-Total Liabilities(Q: Sep. 2017 )
=807.55-568.239
=239.3

* 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.

Frequently Asked Questions Learn more about Total Equity →
What does a Total Equity of ₹239.3 Mil mean?
Newever Trade Wings (BOM:536644) has a Total Equity of ₹239.3 Mil as of Sep. 2017. The total amount of equity as record on a company's balance sheet. View historical data for Newever Trade Wings and its competitors.
Is Newever Trade Wings' Total Equity too high?
Newever Trade Wings' current Total Equity is ₹239.3 Mil.
How does Newever Trade Wings' Total Equity compare to ADMG?
Newever Trade Wings' Total Equity of ₹239.3 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Equity for a Steel company?
A good Total Equity depends on the Steel industry context. However, Total Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for Newever Trade Wings and its competitors. Newever Trade Wings's current Total Equity is ₹239.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newever Trade Wings stock overvalued right now?
Newever Trade Wings (BOM:536644) has a current Total Equity of ₹239.3 Mil. The current Total Equity is ₹239.3 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Equity calculated?
Total Equity is calculated from a company's financial statements. For Newever Trade Wings (BOM:536644), the current Total Equity is ₹239.3 Mil as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Newever Trade Wings Business Description

Address 238B, A.J.C. Bose Road, Unit 4B, 4th Floor, Kolkata, WB, IND, 700020
Newever Trade Wings Ltd is an Indian company which is engaged in the business of trading in iron and steel and other related commodities. The company is involved in Wholesale Trade in Metal Channel, Joist, M.S. (Mild Steel) Angle, MS Sheet, TMT (thermomechanical treatment) Bar and other.