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Flair Writing Industries (BOM:544030) Equity-to-Asset : 0.64 (As of Mar. 2023)


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What is Flair Writing Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Flair Writing Industries's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹4,350 Mil. Flair Writing Industries's Total Assets for the quarter that ended in Mar. 2023 was ₹6,842 Mil. Therefore, Flair Writing Industries's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.64.

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

BOM:544030' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.54   Max: 0.64
Current: 0.64

During the past 5 years, the highest Equity to Asset Ratio of Flair Writing Industries was 0.64. The lowest was 0.10. And the median was 0.54.

BOM:544030's Equity-to-Asset is ranked better than
64.07% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs BOM:544030: 0.64

Flair Writing Industries Equity-to-Asset Historical Data

The historical data trend for Flair Writing Industries'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.

Flair Writing Industries Equity-to-Asset Chart

Flair Writing Industries Annual Data
Trend Mar17 Mar18 Mar21 Mar22 Mar23
Equity-to-Asset
0.10 0.37 0.54 0.57 0.64

Flair Writing Industries Semi-Annual Data
Mar17 Mar18 Mar21 Mar22 Mar23
Equity-to-Asset 0.10 0.37 0.54 0.57 0.64

Competitive Comparison of Flair Writing Industries's Equity-to-Asset

For the Business Equipment & Supplies subindustry, Flair Writing Industries'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.


Flair Writing Industries's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Flair Writing Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Flair Writing Industries's Equity-to-Asset falls into.



Flair Writing Industries 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.

Flair Writing Industries'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
=4349.51/6841.83
=0.64

Flair Writing Industries's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=4349.51/6841.83
=0.64

* 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.


Flair Writing Industries  (BOM:544030) 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%.


Flair Writing Industries Equity-to-Asset Related Terms

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


Flair Writing Industries (BOM:544030) Business Description

Comparable Companies
Traded in Other Exchanges
Address
63 B/C, Government Industrial Estate, Charkop, Kandivali West, Mumbai, MH, IND, 400 067
Flair Writing Industries Ltd is engaged in manufacturing pens and other products. It manufactures and distributes several brands in India and due to its ability to manufacture quality products and its distribution and retail capabilities, It is able to partner with various international brands in the writing instruments industry. Its products are sold under its Flair brand, its principal brands Hauser and Pierre Cardin and It has recently introduced ZOOX in India. Its products include ball pens, fountain pens, gel pens, roller pens and metal pens, mechanical pencils, highlighters, correction pens, markers, gel crayons, colouring range, erasers, geometry boxes and kids stationery kits, and calculators.

Flair Writing Industries (BOM:544030) Headlines

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