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Innovative Tech Pack (BOM:523840) Equity-to-Asset : 0.00 (As of Dec. 2023)


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What is Innovative Tech Pack Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Innovative Tech Pack's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil. Innovative Tech Pack's Total Assets for the quarter that ended in Dec. 2023 was ₹0 Mil.

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

BOM:523840' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.37   Max: 0.48
Current: 0.34

During the past 13 years, the highest Equity to Asset Ratio of Innovative Tech Pack was 0.48. The lowest was 0.31. And the median was 0.37.

BOM:523840's Equity-to-Asset is ranked worse than
84.36% of 390 companies
in the Packaging & Containers industry
Industry Median: 0.555 vs BOM:523840: 0.34

Innovative Tech Pack Equity-to-Asset Historical Data

The historical data trend for Innovative Tech Pack'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.

Innovative Tech Pack Equity-to-Asset Chart

Innovative Tech Pack 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 0.38 0.37 0.33 0.31 0.32

Innovative Tech Pack 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 - 0.32 - 0.34 -

Competitive Comparison of Innovative Tech Pack's Equity-to-Asset

For the Packaging & Containers subindustry, Innovative Tech Pack'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.


Innovative Tech Pack's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Innovative Tech Pack's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Innovative Tech Pack's Equity-to-Asset falls into.



Innovative Tech Pack 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.

Innovative Tech Pack'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
=338.571/1064.106
=0.32

Innovative Tech Pack'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.


Innovative Tech Pack  (BOM:523840) 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%.


Innovative Tech Pack Equity-to-Asset Related Terms

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


Innovative Tech Pack (BOM:523840) Business Description

Traded in Other Exchanges
N/A
Address
803-805, 8th Floor, Tower-2, Plot No -22, Sector-135, Assotech Business Cresterra, Noida, UP, IND, 201301
Innovative Tech Pack Ltd operates in the plastic packaging industry. The company is engaged in the business of manufacturing and reselling plastic bottles, jars, containers, pre-forms, and caps. Its product portfolio includes packaging for oils, liquor, medicinal syrups, sauces, insect repellents, honey, energy powders, candies, biscuits, mayonnaise, and dairy-based beverages. The company serves clients in various industries including food, confectionery, beverage, consumer care, pharmaceutical, dairy, and other industries.

Innovative Tech Pack (BOM:523840) Headlines

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