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Tinna Rubber & Infrastructure (BOM:530475) Equity-to-Asset : 0.48 (As of Mar. 2024)


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What is Tinna Rubber & Infrastructure Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tinna Rubber & Infrastructure's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,278 Mil. Tinna Rubber & Infrastructure's Total Assets for the quarter that ended in Mar. 2024 was ₹2,677 Mil. Therefore, Tinna Rubber & Infrastructure's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.48.

The historical rank and industry rank for Tinna Rubber & Infrastructure's Equity-to-Asset or its related term are showing as below:

BOM:530475' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.4   Max: 0.5
Current: 0.48

During the past 13 years, the highest Equity to Asset Ratio of Tinna Rubber & Infrastructure was 0.50. The lowest was 0.26. And the median was 0.40.

BOM:530475's Equity-to-Asset is ranked worse than
66.99% of 1566 companies
in the Chemicals industry
Industry Median: 0.59 vs BOM:530475: 0.48

Tinna Rubber & Infrastructure Equity-to-Asset Historical Data

The historical data trend for Tinna Rubber & Infrastructure'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.

Tinna Rubber & Infrastructure Equity-to-Asset Chart

Tinna Rubber & Infrastructure 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 0.40 0.40 0.41 0.50 0.48

Tinna Rubber & Infrastructure Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 0.50 0.51 - 0.48

Competitive Comparison of Tinna Rubber & Infrastructure's Equity-to-Asset

For the Specialty Chemicals subindustry, Tinna Rubber & Infrastructure'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.


Tinna Rubber & Infrastructure's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tinna Rubber & Infrastructure's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Tinna Rubber & Infrastructure's Equity-to-Asset falls into.



Tinna Rubber & Infrastructure 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.

Tinna Rubber & Infrastructure'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
=1277.768/2677.175
=0.48

Tinna Rubber & Infrastructure'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
=1277.768/2677.175
=0.48

* 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.


Tinna Rubber & Infrastructure  (BOM:530475) 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%.


Tinna Rubber & Infrastructure Equity-to-Asset Related Terms

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Tinna Rubber & Infrastructure (BOM:530475) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Mandi Road, Tinna House, Sultanpur, Mehrauli, New Delhi, IND, 110030
Tinna Rubber & Infrastructure Ltd is primarily engaged in the conversion of used tires into crumb rubber and steel wires. The company manufactures products such as Crumb rubber modifier, Crumb rubber modified bitumen, and Polymer modified bitumen, Bitumen emulsion, Reclaimed rubber or ultrafine crumb rubber compound, and Cut wire shots. The products are primarily used for making or repairing road, tyres, and auto part industry. Geographically, it derives a majority of its revenue from India.

Tinna Rubber & Infrastructure (BOM:530475) Headlines

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