GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Krishna Defence & Allied Industries Ltd (NSE:KRISHNADEF) » Definitions » Equity-to-Asset

Krishna Defence & Allied Industries (NSE:KRISHNADEF) Equity-to-Asset : 0.68 (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Krishna Defence & Allied Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Krishna Defence & Allied Industries's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹523.8 Mil. Krishna Defence & Allied Industries's Total Assets for the quarter that ended in Sep. 2023 was ₹772.5 Mil. Therefore, Krishna Defence & Allied Industries's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.68.

The historical rank and industry rank for Krishna Defence & Allied Industries's Equity-to-Asset or its related term are showing as below:

NSE:KRISHNADEF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.34   Max: 0.68
Current: 0.68

During the past 5 years, the highest Equity to Asset Ratio of Krishna Defence & Allied Industries was 0.68. The lowest was 0.23. And the median was 0.34.

NSE:KRISHNADEF's Equity-to-Asset is ranked better than
70.04% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs NSE:KRISHNADEF: 0.68

Krishna Defence & Allied Industries Equity-to-Asset Historical Data

The historical data trend for Krishna Defence & Allied Industries'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.

Krishna Defence & Allied Industries Equity-to-Asset Chart

Krishna Defence & Allied Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
0.23 0.26 0.33 0.36 0.48

Krishna Defence & Allied Industries Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset Get a 7-Day Free Trial 0.33 0.36 0.54 0.48 0.68

Competitive Comparison of Krishna Defence & Allied Industries's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Krishna Defence & Allied Industries'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.


Krishna Defence & Allied Industries's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Krishna Defence & Allied Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Krishna Defence & Allied Industries's Equity-to-Asset falls into.



Krishna Defence & Allied Industries 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.

Krishna Defence & Allied Industries'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
=408.667/846.817
=0.48

Krishna Defence & Allied Industries'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
=523.763/772.511
=0.68

* 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.


Krishna Defence & Allied Industries  (NSE:KRISHNADEF) 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%.


Krishna Defence & Allied Industries Equity-to-Asset Related Terms

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


Krishna Defence & Allied Industries (NSE:KRISHNADEF) Business Description

Traded in Other Exchanges
N/A
Address
Vadivadi Road, 2nd Floor Office no.207, 208, Atlantis Heritage, Sarabhai campus, Vadodara, GJ, IND, 390023
Krishna Defence & Allied Industries Ltd develops, manufactures, and designs defence application products and kitchen and dairy equipment products. It manufactures and offers a wide range of products including Ballast Bricks, Improvised Explosive Device Containment Vessels, Automatic Tyre Killer, Crowd Control Barriers, Bulk milk cooler with thermal storage system, Cow Grooming Brush, Daal Cooker, Rice Storage Chute, Stainless Steel Milk Cans, Heat Recovery Unit, Bulk Cooking Equipment like Rice Cauldron, Ship Building Steel section and others. The company generates maximum revenue from the Defence Products segment.

Krishna Defence & Allied Industries (NSE:KRISHNADEF) Headlines

No Headlines