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Arabian Petroleum (NSE:ARABIAN) Equity-to-Asset : 0.29 (As of Mar. 2023)


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What is Arabian Petroleum Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arabian Petroleum's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹220 Mil. Arabian Petroleum's Total Assets for the quarter that ended in Mar. 2023 was ₹765 Mil. Therefore, Arabian Petroleum's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.29.

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

NSE:ARABIAN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.26   Max: 0.29
Current: 0.29

During the past 5 years, the highest Equity to Asset Ratio of Arabian Petroleum was 0.29. The lowest was 0.23. And the median was 0.26.

NSE:ARABIAN's Equity-to-Asset is ranked worse than
74.47% of 1093 companies
in the Oil & Gas industry
Industry Median: 0.5 vs NSE:ARABIAN: 0.29

Arabian Petroleum Equity-to-Asset Historical Data

The historical data trend for Arabian Petroleum'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.

Arabian Petroleum Equity-to-Asset Chart

Arabian Petroleum Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
0.23 0.27 0.26 0.24 0.29

Arabian Petroleum Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset 0.23 0.27 0.26 0.24 0.29

Competitive Comparison of Arabian Petroleum's Equity-to-Asset

For the Oil & Gas Refining & Marketing subindustry, Arabian Petroleum'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.


Arabian Petroleum's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Arabian Petroleum's Equity-to-Asset distribution charts can be found below:

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



Arabian Petroleum 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.

Arabian Petroleum'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
=220.28/765.088
=0.29

Arabian Petroleum'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
=220.28/765.088
=0.29

* 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.


Arabian Petroleum  (NSE:ARABIAN) 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%.


Arabian Petroleum Equity-to-Asset Related Terms

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


Arabian Petroleum (NSE:ARABIAN) Business Description

Traded in Other Exchanges
N/A
Address
Plot 14-B, Morivali M.I.D.C, Opp. Positive Packaging, Ambernath West, Thane, MH, IND, 421505
Arabian Petroleum Ltd is a company engaged in the business of manufacturing wide range of Lubricants including Specialty Oils, Coolants etc ,used for Industrial and Automotive applications. Our business is categorized into two distinctive product division which includes Automotive Lubricants - Arzol and Industrial Lubricants - SPL.

Arabian Petroleum (NSE:ARABIAN) Headlines

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