Arvind and Co Shipping Agencies (NSE:ACSAL) Equity-to-Asset : 0.27 (As of Mar. 2023)

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What is Arvind and Co Shipping Agencies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arvind and Co Shipping Agencies's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹91.41 Mil. Arvind and Co Shipping Agencies's Total Assets for the quarter that ended in Mar. 2023 was ₹338.12 Mil. Therefore, Arvind and Co Shipping Agencies's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.27.

The historical rank and industry rank for Arvind and Co Shipping Agencies's Equity-to-Asset or its related term are showing as below:

NSE:ACSAL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.31 Max: 0.81
Current: 0.27

During the past 3 years, the highest Equity to Asset Ratio of Arvind and Co Shipping Agencies was 0.81. The lowest was 0.27. And the median was 0.31.

NSE:ACSAL's Equity-to-Asset is ranked worse than
78.44% of 974 companies
in the Transportation industry
Industry Median: 0.49 vs NSE:ACSAL: 0.27

Arvind and Co Shipping Agencies Equity-to-Asset Historical Data

The historical data trend for Arvind and Co Shipping Agencies'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.

Arvind and Co Shipping Agencies Equity-to-Asset Chart

Arvind and Co Shipping Agencies Annual Data

Trend

Mar21

Mar22

Mar23

Equity-to-Asset

0.81

0.31

0.27

Arvind and Co Shipping Agencies Semi-Annual Data
	Mar21	Mar22	Mar23
Equity-to-Asset	0.81	0.31	0.27

Competitive Comparison of Arvind and Co Shipping Agencies's Equity-to-Asset

For the Marine Shipping subindustry, Arvind and Co Shipping Agencies'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.

Arvind and Co Shipping Agencies's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Arvind and Co Shipping Agencies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Arvind and Co Shipping Agencies's Equity-to-Asset falls into.

Arvind and Co Shipping Agencies 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.

Arvind and Co Shipping Agencies'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
	=	91.405	/	338.118
	=	0.27

Arvind and Co Shipping Agencies's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	91.405	/	338.118
	=	0.27

Arvind and Co Shipping Agencies (NSE:ACSAL) 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%.

Arvind and Co Shipping Agencies Equity-to-Asset Related Terms

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

Arvind and Co Shipping Agencies (NSE:ACSAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Arvind and Co Shipping Agencies Ltd (NSE:ACSAL) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

City point 701 to 702, Fifth Floor, Near Town Hall, Jamnagar, GJ, IND, 361001

Website

https://www.arvindshipping.com

Arvind and Co Shipping Agencies Ltd is mainly engaged in the hiring of ships, barges, launches, Boats, docks, propelled vehicles, water- vessels and transport machines & providing hotel services & services of renting immovable properties. The company operates in two segments Chartering of Barges and Hotel and Hospitality. The majority of revenue is derived from the chartering of barges segment.

Arvind and Co Shipping Agencies (NSE:ACSAL) Headlines

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