Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ion Exchange (India)'s Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹8,335 Mil. Ion Exchange (India)'s Total Assets for the quarter that ended in Mar. 2023 was ₹19,401 Mil.
Therefore, Ion Exchange (India)'s Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.43.
The historical rank and industry rank for Ion Exchange (India)'s Equity-to-Asset or its related term are showing as below:
BOM:500214'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.24 Max: 0.43
Current: 0.43
During the past 13 years, the highest Equity to Asset Ratio of Ion Exchange (India) was 0.43. The lowest was 0.17. And the median was 0.24.
BOM:500214's Equity-to-Asset is ranked worse than 71.2% of 3031
companies
in the Industrial Products industry
Industry Median: 0.56
vs BOM:500214: 0.43
Ion Exchange (India) Equity-to-Asset Historical Data
The historical data trend for Ion Exchange (India)'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.
Competitive Comparison of Ion Exchange (India)'s Equity-to-Asset
For the Pollution & Treatment Controls subindustry, Ion Exchange (India)'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.
Ion Exchange (India)'s Equity-to-Asset Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ion Exchange (India)'s Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Ion Exchange (India)'s Equity-to-Asset falls into.
Ion Exchange (India) 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.
Ion Exchange (India)'s Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Ion Exchange (India) (BOM:500214) 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%.
Ion Exchange (India) Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Ion Exchange (India)'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Ion Exchange (India) (BOM:500214) Business Description
Ion Exchange (India) Ltd is a water solution provider. The principal activities of the company consist of the construction and maintenance of water treatment plants, wastewater treatment, manufacturing resins, specialty chemicals for water, recycling, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination, etc. The company operates its business through the Engineering division, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. The company caters to both domestic and international markets.
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