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Active Fine Chemicals (DHA:ACTIVEFINE) Equity-to-Asset : 0.57 (As of Mar. 2023)


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What is Active Fine Chemicals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Active Fine Chemicals's Total Stockholders Equity for the quarter that ended in Mar. 2023 was BDT5,319 Mil. Active Fine Chemicals's Total Assets for the quarter that ended in Mar. 2023 was BDT9,262 Mil. Therefore, Active Fine Chemicals's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.57.

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

DHA:ACTIVEFINE's Equity-to-Asset is not ranked *
in the Chemicals industry.
Industry Median: 0.59
* Ranked among companies with meaningful Equity-to-Asset only.

Active Fine Chemicals Equity-to-Asset Historical Data

The historical data trend for Active Fine Chemicals'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.

Active Fine Chemicals Equity-to-Asset Chart

Active Fine Chemicals Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.72 0.71 0.65 0.60 0.58

Active Fine Chemicals Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 0.60 0.59 0.58 0.58 0.57

Competitive Comparison of Active Fine Chemicals's Equity-to-Asset

For the Chemicals subindustry, Active Fine Chemicals'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.


Active Fine Chemicals's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Active Fine Chemicals's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Active Fine Chemicals's Equity-to-Asset falls into.



Active Fine Chemicals 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.

Active Fine Chemicals's Equity to Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Equity to Asset (A: Jun. 2022 )=Total Stockholders Equity/Total Assets
=5296.135/9078.941
=0.58

Active Fine Chemicals'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
=5318.718/9262.284
=0.57

* 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.


Active Fine Chemicals  (DHA:ACTIVEFINE) 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%.


Active Fine Chemicals Equity-to-Asset Related Terms

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


Active Fine Chemicals (DHA:ACTIVEFINE) Business Description

Traded in Other Exchanges
N/A
Address
House number 87-89, Road number 04, Block number B, Niketon, Gulshan-1, Dhaka, BGD, 1212
Active Fine Chemicals Ltd is a Bangladesh based chemical company engaged in manufacturing active pharmaceutical ingredients and laboratory reagents. Its product offerings include azithromycin dihydrate, erythromycin ethyl succinate, erythromycin stearate, pantoprazole sodium sesquihydrate, venlafaxine HCL, sitagliptin phosphate monohydrate, and pregabalin. While it also manufactures laboratory reagents including HPLC Grade solvents, solvents, and powder reagents.

Active Fine Chemicals (DHA:ACTIVEFINE) Headlines

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