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Voith Paper Fabrics India (BOM:522122) Equity-to-Asset : 0.89 (As of Mar. 2024)


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What is Voith Paper Fabrics India Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Voith Paper Fabrics India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,484 Mil. Voith Paper Fabrics India's Total Assets for the quarter that ended in Mar. 2024 was ₹3,895 Mil. Therefore, Voith Paper Fabrics India's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.89.

The historical rank and industry rank for Voith Paper Fabrics India's Equity-to-Asset or its related term are showing as below:

BOM:522122' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.89   Med: 0.91   Max: 0.92
Current: 0.89

During the past 13 years, the highest Equity to Asset Ratio of Voith Paper Fabrics India was 0.92. The lowest was 0.89. And the median was 0.91.

BOM:522122's Equity-to-Asset is ranked better than
95.24% of 294 companies
in the Forest Products industry
Industry Median: 0.545 vs BOM:522122: 0.89

Voith Paper Fabrics India Equity-to-Asset Historical Data

The historical data trend for Voith Paper Fabrics 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.

* Premium members only.

Voith Paper Fabrics India Equity-to-Asset Chart

Voith Paper Fabrics India Annual Data
Trend Sep13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.91 0.91 0.90 0.89

Voith Paper Fabrics India 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 0.90 - 0.88 - 0.89

Competitive Comparison of Voith Paper Fabrics India's Equity-to-Asset

For the Paper & Paper Products subindustry, Voith Paper Fabrics 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.


Voith Paper Fabrics India's Equity-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Voith Paper Fabrics India's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Voith Paper Fabrics India's Equity-to-Asset falls into.



Voith Paper Fabrics 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.

Voith Paper Fabrics India'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
=3483.95/3895.42
=0.89

Voith Paper Fabrics India'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
=3483.95/3895.42
=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.


Voith Paper Fabrics India  (BOM:522122) 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%.


Voith Paper Fabrics India Equity-to-Asset Related Terms

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


Voith Paper Fabrics India (BOM:522122) Business Description

Traded in Other Exchanges
N/A
Address
113/114A, Sector-24, Delhi NCR, Faridabad, HR, IND, 121005
Voith Paper Fabrics India Ltd manufactures various range of paper machine clothing. The company's products include Forming fabrics, Press Fabric, Dryer Fabric, Fiber Cement and Roll Covers. Its primary business is supplying the paper industry with technologically sophisticated products called paper machine clothing. Paper machine clothing is used to produce all grades of paper from lightweight tissue to heavyweight containerboard. The company is located at one of the established industrial townships of northern India serving customers both in India and abroad.

Voith Paper Fabrics India (BOM:522122) Headlines

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