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Avro India (NSE:AVROIND) Equity-to-Asset : 0.53 (As of Mar. 2024)


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What is Avro India Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Avro India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹288.6 Mil. Avro India's Total Assets for the quarter that ended in Mar. 2024 was ₹544.5 Mil. Therefore, Avro India's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.53.

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

NSE:AVROIND' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.54   Max: 0.73
Current: 0.53

During the past 12 years, the highest Equity to Asset Ratio of Avro India was 0.73. The lowest was 0.27. And the median was 0.54.

NSE:AVROIND's Equity-to-Asset is ranked worse than
53.18% of 425 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56 vs NSE:AVROIND: 0.53

Avro India Equity-to-Asset Historical Data

The historical data trend for Avro India'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.

Avro India Equity-to-Asset Chart

Avro India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.71 0.55 0.61 0.53

Avro India Quarterly Data
Mar17 Jan18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.61 - 0.51 - 0.53

Competitive Comparison of Avro India's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Avro India'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.


Avro India's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

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

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



Avro India 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.

Avro India's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=288.628/544.547
=0.53

Avro India's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=288.628/544.547
=0.53

* 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.


Avro India  (NSE:AVROIND) 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%.


Avro India Equity-to-Asset Related Terms

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


Avro India (NSE:AVROIND) Business Description

Traded in Other Exchanges
Address
South of G. T. Road, A-7/36-39, Industrial Area, Electrosteel Casting Compound, Ghaziabad, UP, IND, 201009
Avro India Ltd is engaged in manufacturing and selling plastic molded furniture and granules. The firm produces are manufactures products under the brand name Avon and Avro Furniture. The product portfolio of the company includes molded chairs, molded stools, molded tables, and molded bay chairs and baby desks. The products are sold in U.P., Punjab, Haryana, Delhi, Rajasthan and across north India. Avro produces products used in Auditoriums, Schools, Colleges, Restaurants, Hotels, Homes, Gardens and others.

Avro India (NSE:AVROIND) Headlines

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