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Ganga Papers India (BOM:531813) Equity-to-Asset : 0.35 (As of Mar. 2024)


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What is Ganga Papers India Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ganga Papers India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹291 Mil. Ganga Papers India's Total Assets for the quarter that ended in Mar. 2024 was ₹837 Mil. Therefore, Ganga Papers India's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.35.

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

BOM:531813' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.23   Max: 0.35
Current: 0.35

During the past 8 years, the highest Equity to Asset Ratio of Ganga Papers India was 0.35. The lowest was 0.21. And the median was 0.23.

BOM:531813's Equity-to-Asset is ranked worse than
84.07% of 295 companies
in the Forest Products industry
Industry Median: 0.55 vs BOM:531813: 0.35

Ganga Papers India Equity-to-Asset Historical Data

The historical data trend for Ganga Papers 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.

Ganga Papers India Equity-to-Asset Chart

Ganga Papers India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial 0.22 0.23 0.26 0.29 0.35

Ganga Papers 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 0.29 - - - 0.35

Competitive Comparison of Ganga Papers India's Equity-to-Asset

For the Paper & Paper Products subindustry, Ganga Papers 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.


Ganga Papers India's Equity-to-Asset Distribution in the Forest Products Industry

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

* The bar in red indicates where Ganga Papers India's Equity-to-Asset falls into.



Ganga Papers 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.

Ganga Papers 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
=291.083/836.724
=0.35

Ganga Papers 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
=291.083/836.724
=0.35

* 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.


Ganga Papers India  (BOM:531813) 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%.


Ganga Papers India Equity-to-Asset Related Terms

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


Ganga Papers India (BOM:531813) Business Description

Traded in Other Exchanges
N/A
Address
241, Village Bebedohal, Taluka Maval, Pune, MH, IND, 410506
Ganga Papers India Ltd is an India-based company engaged in the manufacturing of paper and paper products. It offers a wide range of papers including Newsprint Papers, Writing papers, and Kraft papers. The products manufactured by the company are used for industrial, packaging, stationery, and textbooks purposes. It generates wealth out of waste by using recycled grades of waste paper as a prime source of raw material and making eco-friendly paper.

Ganga Papers India (BOM:531813) Headlines

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