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Prima Plastics (BOM:530589) Equity-to-Asset : 0.72 (As of Mar. 2024)


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What is Prima Plastics Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Prima Plastics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,542 Mil. Prima Plastics's Total Assets for the quarter that ended in Mar. 2024 was ₹2,141 Mil. Therefore, Prima Plastics's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.72.

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

BOM:530589' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63   Med: 0.73   Max: 0.86
Current: 0.72

During the past 13 years, the highest Equity to Asset Ratio of Prima Plastics was 0.86. The lowest was 0.63. And the median was 0.73.

BOM:530589's Equity-to-Asset is ranked better than
76.94% of 425 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56 vs BOM:530589: 0.72

Prima Plastics Equity-to-Asset Historical Data

The historical data trend for Prima Plastics'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.

Prima Plastics Equity-to-Asset Chart

Prima Plastics 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 0.74 0.75 0.63 0.65 0.72

Prima Plastics 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 - 0.65 0.69 - 0.72

Competitive Comparison of Prima Plastics's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Prima Plastics'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.


Prima Plastics's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Prima Plastics's Equity-to-Asset distribution charts can be found below:

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



Prima Plastics 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.

Prima Plastics'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
=1542.442/2141.379
=0.72

Prima Plastics'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
=1542.442/2141.379
=0.72

* 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.


Prima Plastics  (BOM:530589) 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%.


Prima Plastics Equity-to-Asset Related Terms

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


Prima Plastics (BOM:530589) Business Description

Traded in Other Exchanges
N/A
Address
Saki-Vihar Road, No. 41, National House, Opposite Ansa A Building, Powai, Andheri (East), Mumbai, MH, IND, 400072
Prima Plastics Ltd is an India-based company that which designs and manufactures plastic molded furniture from chairs, baby chairs, dining tables, stools, and teapoys in various colors. The company's products are used by the hotel, restaurant, household, swimming, and garden industry. Their products are exported to America, the Middle East, and Africa. Domestic sales generate the majority of the revenue for the company.

Prima Plastics (BOM:530589) Headlines

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