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Airo Lam (NSE:AIROLAM) Equity-to-Asset : 0.40 (As of Jun. 2023)


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What is Airo Lam Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Airo Lam's Total Stockholders Equity for the quarter that ended in Jun. 2023 was ₹668 Mil. Airo Lam's Total Assets for the quarter that ended in Jun. 2023 was ₹1,655 Mil. Therefore, Airo Lam's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.40.

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

NSE:AIROLAM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.38   Max: 0.45
Current: 0.4

During the past 11 years, the highest Equity to Asset Ratio of Airo Lam was 0.45. The lowest was 0.23. And the median was 0.38.

NSE:AIROLAM's Equity-to-Asset is ranked worse than
73.95% of 430 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56 vs NSE:AIROLAM: 0.40

Airo Lam Equity-to-Asset Historical Data

The historical data trend for Airo Lam'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.

Airo Lam Equity-to-Asset Chart

Airo Lam Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.41 0.38 0.35 0.40

Airo Lam Quarterly Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.38 0.37 - 0.40 0.40

Competitive Comparison of Airo Lam's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Airo Lam'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.


Airo Lam's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

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

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



Airo Lam 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.

Airo Lam'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
=640.133/1621.691
=0.39

Airo Lam's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=667.735/1654.518
=0.40

* 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.


Airo Lam  (NSE:AIROLAM) 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%.


Airo Lam Equity-to-Asset Related Terms

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


Airo Lam (NSE:AIROLAM) Business Description

Traded in Other Exchanges
N/A
Address
Survey No. 355, Nananpur Approach Road, N.H. No.8, Tahsil-Prantij, Himmatnagar, Dalpur, Sabarkantha, GJ, IND, 383120
Airo Lam Ltd is engaged in the manufacturing of High-Pressure decorative laminates. Its products are used in kitchen furniture, workshops, bathroom furniture, interior doors, and interior wall linings.

Airo Lam (NSE:AIROLAM) Headlines

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