Shashwat Furnishing Solutions (BOM:543519) Equity-to-Asset : 0.67 (As of Sep. 2023)

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What is Shashwat Furnishing Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shashwat Furnishing Solutions's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹36.21 Mil. Shashwat Furnishing Solutions's Total Assets for the quarter that ended in Sep. 2023 was ₹53.94 Mil. Therefore, Shashwat Furnishing Solutions's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.67.

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

BOM:543519' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67 Med: 0.77 Max: 1
Current: 0.67

During the past 3 years, the highest Equity to Asset Ratio of Shashwat Furnishing Solutions was 1.00. The lowest was 0.67. And the median was 0.77.

BOM:543519's Equity-to-Asset is ranked better than
69.32% of 427 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56 vs BOM:543519: 0.67

Shashwat Furnishing Solutions Equity-to-Asset Historical Data

The historical data trend for Shashwat Furnishing Solutions'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.

Shashwat Furnishing Solutions Equity-to-Asset Chart

Shashwat Furnishing Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Equity-to-Asset

1.00

0.77

0.72

Shashwat Furnishing Solutions Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.77	0.85	0.72	0.67

Competitive Comparison of Shashwat Furnishing Solutions's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Shashwat Furnishing Solutions'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.

Shashwat Furnishing Solutions's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Shashwat Furnishing Solutions's Equity-to-Asset falls into.

Shashwat Furnishing Solutions 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.

Shashwat Furnishing Solutions'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
	=	41.377	/	57.9
	=	0.71

Shashwat Furnishing Solutions's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	36.207	/	53.938
	=	0.67

Shashwat Furnishing Solutions (BOM:543519) 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%.

Shashwat Furnishing Solutions Equity-to-Asset Related Terms

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

Shashwat Furnishing Solutions (BOM:543519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Shashwat Furnishing Solutions Ltd (BOM:543519) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

121, Mahaveer Nagar, Guro Ka Talab,, Jain Colony, Jodhpur, RJ, IND, 342001

Website

https://www.handicraftsvillage.com

Shashwat Furnishing Solutions Ltd is an Indian handicrafts manufacturer and supplier. It is engaged in the processing of semi-finished furniture products into finished products and manufacturing through job work of furniture and handicraft items. It specializes in developing a qualitative range of Industrial Furniture and Restaurant and Cafe Furniture, Garden and Outdoor Furniture Vintage Furniture, Mirror Frames, Wall clocks and various other decoration and handicrafts objects.

Shashwat Furnishing Solutions (BOM:543519) Headlines

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