De Neers Tools (NSE:DENEERS) Equity-to-Asset : 0.24 (As of Mar. 2022)

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What is De Neers Tools Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. De Neers Tools's Total Stockholders Equity for the quarter that ended in Mar. 2022 was ₹238.2 Mil. De Neers Tools's Total Assets for the quarter that ended in Mar. 2022 was ₹993.4 Mil. Therefore, De Neers Tools's Equity to Asset Ratio for the quarter that ended in Mar. 2022 was 0.24.

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

NSE:DENEERS's Equity-to-Asset is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.56
* Ranked among companies with meaningful Equity-to-Asset only.

De Neers Tools Equity-to-Asset Historical Data

The historical data trend for De Neers Tools'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.

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De Neers Tools Equity-to-Asset Chart

De Neers Tools Annual Data

Trend

Mar20

Mar21

Mar22

Equity-to-Asset

0.13

0.05

0.24

De Neers Tools Semi-Annual Data
	Mar20	Mar21	Mar22
Equity-to-Asset	0.13	0.05	0.24

Competitive Comparison of De Neers Tools's Equity-to-Asset

For the Tools & Accessories subindustry, De Neers Tools'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.

De Neers Tools's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Neers Tools's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where De Neers Tools's Equity-to-Asset falls into.

De Neers Tools 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.

De Neers Tools's Equity to Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Equity to Asset (A: Mar. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	238.227	/	993.352
	=	0.24

De Neers Tools's Equity to Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

Equity to Asset (Q: Mar. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	238.227	/	993.352
	=	0.24

De Neers Tools (NSE:DENEERS) 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%.

De Neers Tools Equity-to-Asset Related Terms

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

De Neers Tools (NSE:DENEERS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » De Neers Tools Ltd (NSE:DENEERS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 468, Ground Floor, Industrial Area, Patparganj, Delhi, IND, 110092

Website

https://www.deneerstools.com

De Neers Tools Ltd is a hand tools suppliers in India. The company aims to provide hand tools of the utmost quality that are worth Its customers' money. It continuously works on innovation and research to develop products that can bring a kind of revolution in the hand tool industry. Its products includes Spanners, Wrenches, Pliers, Cutters, Allen keys, Hammers, sockets, Screw Drivers, Tool Kits, Tool Cabinets, Trolleys, etc. It is also specialized in providing Safety Tools like Non-Sparking Tools, Insulated Steel Tools, Non-Sparking Insulated Tools, Stainless Steel Anti-magnetic Tools, and Titanium Tools, with other range of hand tools. The company is predominantly engaged in wholesale trading of hardware & tools which constitutes a single business segment.

De Neers Tools (NSE:DENEERS) Headlines

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