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Rajoo Engineers (BOM:522257) Equity-to-Asset : 0.56 (As of Mar. 2024)


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What is Rajoo Engineers Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rajoo Engineers's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,267 Mil. Rajoo Engineers's Total Assets for the quarter that ended in Mar. 2024 was ₹2,274 Mil. Therefore, Rajoo Engineers's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.56.

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

BOM:522257' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.49   Max: 0.62
Current: 0.56

During the past 13 years, the highest Equity to Asset Ratio of Rajoo Engineers was 0.62. The lowest was 0.41. And the median was 0.49.

BOM:522257's Equity-to-Asset is ranked better than
50.91% of 3029 companies
in the Industrial Products industry
Industry Median: 0.56 vs BOM:522257: 0.56

Rajoo Engineers Equity-to-Asset Historical Data

The historical data trend for Rajoo Engineers'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.

Rajoo Engineers Equity-to-Asset Chart

Rajoo Engineers 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 0.47 0.53 0.62 0.59 0.56

Rajoo Engineers 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 0.59 - 0.53 - 0.56

Competitive Comparison of Rajoo Engineers's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Rajoo Engineers'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.


Rajoo Engineers's Equity-to-Asset Distribution in the Industrial Products Industry

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

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



Rajoo Engineers 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.

Rajoo Engineers'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
=1266.653/2273.524
=0.56

Rajoo Engineers'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
=1266.653/2273.524
=0.56

* 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.


Rajoo Engineers  (BOM:522257) 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%.


Rajoo Engineers Equity-to-Asset Related Terms

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


Rajoo Engineers (BOM:522257) Business Description

Traded in Other Exchanges
N/A
Address
Rajoo Avenue, Survey Number 210, Plot Number 1, Industrial Area, Veraval (Shapar), Rajkot, GJ, IND, 360 024
Rajoo Engineers Ltd manufactures and sells plastic processing machinery and post extrusion equipment. The company's products and solutions include Monolayer Blown Film Lines, Downward Extrusion Blown Film Lines, Multilayer Blown Film Lines, 5 Layer Polyolefin Dedicated, PS/PP/ABS Sheet Lines, PS/PE Foam Extrusion Lines, Thermoforming, PS Foam Vacuum Forming Machines, Twin Screw, Pipe Plant, Drip Irrigation Pipe Plant for Round, Flat Dripper, Lab Equipment and others. Company products apply to flexible packaging, agriculture, infrastructure, automobiles, food and beverages, pharmaceuticals, stationery, printing, etc. It serves the domestic and international markets and derives substantial revenue from the sale of services overseas.

Rajoo Engineers (BOM:522257) Headlines

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