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Lakshmi Automatic Loom Works (BOM:505302) Equity-to-Asset : 0.00 (As of Dec. 2023)


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What is Lakshmi Automatic Loom Works Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lakshmi Automatic Loom Works's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Lakshmi Automatic Loom Works's Total Assets for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

The historical rank and industry rank for Lakshmi Automatic Loom Works's Equity-to-Asset or its related term are showing as below:

BOM:505302' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.61   Max: 0.69
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of Lakshmi Automatic Loom Works was 0.69. The lowest was 0.18. And the median was 0.61.

BOM:505302's Equity-to-Asset is ranked better than
63.97% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs BOM:505302: 0.64

Lakshmi Automatic Loom Works Equity-to-Asset Historical Data

The historical data trend for Lakshmi Automatic Loom Works'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.

Lakshmi Automatic Loom Works Equity-to-Asset Chart

Lakshmi Automatic Loom Works Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.56 0.60 0.65 0.63

Lakshmi Automatic Loom Works Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.63 - 0.64 -

Competitive Comparison of Lakshmi Automatic Loom Works's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Lakshmi Automatic Loom Works'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.


Lakshmi Automatic Loom Works's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lakshmi Automatic Loom Works's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Lakshmi Automatic Loom Works's Equity-to-Asset falls into.



Lakshmi Automatic Loom Works 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.

Lakshmi Automatic Loom Works'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
=200.373/318.331
=0.63

Lakshmi Automatic Loom Works's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=0/0
=

* 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.


Lakshmi Automatic Loom Works  (BOM:505302) 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%.


Lakshmi Automatic Loom Works Equity-to-Asset Related Terms

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


Lakshmi Automatic Loom Works (BOM:505302) Business Description

Traded in Other Exchanges
N/A
Address
686, Avanashi Road, Pappanaickenpalayam, Coimbatore, TN, IND, 641037
Lakshmi Automatic Loom Works Ltd manufactures textile machinery and related accessories. It is divided into two segments namely Warehousing Rental Services, and Other Engineering Services. The Warehousing Rental Services segment consists of Warehousing Rental income on the Land and Buildings at Hosur and the Other Engineering Services segment consists of the Manufacture and Sale of Accessories and Spares of Weaving and Knitting Machines and Parts and Accessories for Machine Tools. It gets a majority of its revenue from Warehousing Rental services.

Lakshmi Automatic Loom Works (BOM:505302) Headlines

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