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Kovilpatti Lakshmi Roller Flour Mills (BOM:507598) Equity-to-Asset : 0.37 (As of Mar. 2024)


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What is Kovilpatti Lakshmi Roller Flour Mills Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kovilpatti Lakshmi Roller Flour Mills's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹667 Mil. Kovilpatti Lakshmi Roller Flour Mills's Total Assets for the quarter that ended in Mar. 2024 was ₹1,786 Mil. Therefore, Kovilpatti Lakshmi Roller Flour Mills's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.37.

The historical rank and industry rank for Kovilpatti Lakshmi Roller Flour Mills's Equity-to-Asset or its related term are showing as below:

BOM:507598' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.37   Max: 0.48
Current: 0.37

During the past 13 years, the highest Equity to Asset Ratio of Kovilpatti Lakshmi Roller Flour Mills was 0.48. The lowest was 0.27. And the median was 0.37.

BOM:507598's Equity-to-Asset is ranked worse than
72.68% of 1925 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs BOM:507598: 0.37

Kovilpatti Lakshmi Roller Flour Mills Equity-to-Asset Historical Data

The historical data trend for Kovilpatti Lakshmi Roller Flour Mills'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.

Kovilpatti Lakshmi Roller Flour Mills Equity-to-Asset Chart

Kovilpatti Lakshmi Roller Flour Mills 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 0.45 0.47 0.39 0.48 0.37

Kovilpatti Lakshmi Roller Flour Mills 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 0.48 - 0.45 - 0.37

Competitive Comparison of Kovilpatti Lakshmi Roller Flour Mills's Equity-to-Asset

For the Packaged Foods subindustry, Kovilpatti Lakshmi Roller Flour Mills'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.


Kovilpatti Lakshmi Roller Flour Mills's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kovilpatti Lakshmi Roller Flour Mills's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kovilpatti Lakshmi Roller Flour Mills's Equity-to-Asset falls into.



Kovilpatti Lakshmi Roller Flour Mills 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.

Kovilpatti Lakshmi Roller Flour Mills'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
=666.737/1786.166
=0.37

Kovilpatti Lakshmi Roller Flour Mills'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
=666.737/1786.166
=0.37

* 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.


Kovilpatti Lakshmi Roller Flour Mills  (BOM:507598) 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%.


Kovilpatti Lakshmi Roller Flour Mills Equity-to-Asset Related Terms

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


Kovilpatti Lakshmi Roller Flour Mills (BOM:507598) Business Description

Traded in Other Exchanges
N/A
Address
62, Balasundaram Road, 8th Floor, Time Square, Coimbatore, TN, IND, 641018
Kovilpatti Lakshmi Roller Flour Mills Ltd is engaged in the wheat flour milling business in India. The company is engaged in the business of Food Processing and Engineering which is its two operating segments. It operates through Food Processing and Engineering segments. It offers maida, sooji, atta, wheat bran, and other products under the Kuthuvilakku, Kera, and Alamaram brand names. Its distribution network involves wholesale and retail outlets.

Kovilpatti Lakshmi Roller Flour Mills (BOM:507598) Headlines

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