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AIA Engineering (AIA Engineering) Equity-to-Asset : 0.89 (As of Mar. 2024)


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What is AIA Engineering Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AIA Engineering's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $801.93 Mil. AIA Engineering's Total Assets for the quarter that ended in Mar. 2024 was $902.80 Mil. Therefore, AIA Engineering's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.89.

The historical rank and industry rank for AIA Engineering's Equity-to-Asset or its related term are showing as below:

AAGGY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83   Med: 0.86   Max: 0.93
Current: 0.89

During the past 13 years, the highest Equity to Asset Ratio of AIA Engineering was 0.93. The lowest was 0.83. And the median was 0.86.

AAGGY's Equity-to-Asset is ranked better than
95.25% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs AAGGY: 0.89

AIA Engineering Equity-to-Asset Historical Data

The historical data trend for AIA Engineering'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.

AIA Engineering Equity-to-Asset Chart

AIA Engineering Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.89 0.93 0.86 0.89

AIA Engineering Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 - 0.86 - 0.89

Competitive Comparison of AIA Engineering's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, AIA Engineering'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.


AIA Engineering's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AIA Engineering's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where AIA Engineering's Equity-to-Asset falls into.



AIA Engineering 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.

AIA Engineering's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=801.931/902.799
=0.89

AIA Engineering's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=801.931/902.799
=0.89

* 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.


AIA Engineering  (GREY:AAGGY) 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%.


AIA Engineering Equity-to-Asset Related Terms

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


AIA Engineering (AIA Engineering) Business Description

Traded in Other Exchanges
Address
Off. S. G. Highway, Sindhu Bhavan Road, 11-12, Sigma Corporates, Behind HOF Showroom, Bodakdev, Ahmedabad, GJ, IND, 380054
AIA Engineering Ltd is an India-based company that develops, manufactures, and distributes chromium consumable wear parts, including grinding media, shell liners, diaphragms, grinding tables, heat-resistant castings, cone crushers, and others. The company's products are applied in the crushing/grinding processes in the cement, mining, thermal power, and other sectors. AIA Engineering Ltd generates the majority of its sales from markets outside of India. Vega Industries, a wholly-owned subsidiary of this company, is responsible for distributing the company's products outside India.

AIA Engineering (AIA Engineering) Headlines

From GuruFocus

Q3 2024 AIA Engineering Ltd Earnings Call Transcript

By GuruFocus Research 02-10-2024